Complementarities and Continuities in the Political Economy of Labor Markets in Latin America
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Schneider-Karcher March2010.pdf
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401.34 KB
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Author(s)
Schneider, Ben Ross
Karcher, Sebastian
Date Issued
October 2010
Journal
Socio-Economic Review
Publisher
Oxford University Press and the Society for the Advancement of Socio-Economics
Citation
Schneider, B. R., and S. Karcher. “Complementarities and Continuities in the Political Economy of Labour Markets in Latin America.” Socio-Economic Review 8.4 (2010): 623–651. Web.
Version
Author's final manuscript
Abstract
In a comparative institutional or ‘variety of capitalism’ perspective, the distinctive traits of labour markets in Latin America differ in most respects from labour markets in developed countries. Moreover, there are strong economic complementarities among five core features of labour markets in Latin America: low skill levels, high labour regulation, short job tenure, a large informal sector, and small, politicized unions that lack plant level representation. While numerous and strong, economic complementarities among these five components do not tell the whole story, and we analyse additional political complementarities. This integrated perspective on the economic and political interactions helps explain continuities in labour markets in Latin America and their disappointing response in recent decades to market reform and globalization.
Description
This paper was presented at the 2009 IPSA World Congress of
Political Science.
MIT Department
Massachusetts Institute of Technology. Department of Political Science
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Creative Commons Attribution-Noncommercial-Share Alike 3.0
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DOI of Published Version
https://doi.org/10.1093/ser/mwq022
