Reforma en la contratación y despido en el Perú de los 90: lecciones y perspectivas

Juan Chacaltana J.

Revista Economía, 2001, issue 48, 133-152

Abstract: The policy of liberalization of the labor market undertaken in Peru during the nineties does not seem to have produced the expected results. Although the varieties and flexibility of labor contracts were increased and the average cost of lying off an employee was reduced, the weight of the formal portion of the labor market did not grow. On the contrary, what has been observed is a persistent increment of informality (employment without contract). In this paper it is maintained that this results from the fact that the liberalization process did not give an impulse to the labor market institutions, as a way to compensate for the asymmetries of the labor market. On the contrary, the existing institutions -unions and labor authority resulted even more weakened. It is now necessary to increase the institutionalization of the labor market and, instead of introducing more legislation, to promote its observance making that legislation simpler.

Date: 2001
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