Real Crisis or Crisis of Expectations? Employment in Peru Before and After the Structural Reforms

Jaime Saavedra

No 4148, Research Department Publications from Inter-American Development Bank, Research Department

Abstract: (Available only in Spanish) According to the results of public opinion polls conducted by Apoyo S. A. , until 1991 inflation, terrorism and unemployment were, in that order, the most serious problems that affected the Peruvian population. Towards the mid-1990s, after solving the inflation problem and significantly moderating terrorism, the same polls showed that unemployment and lack of jobs were perceived as the most serious problems that afflict the Peruvian population. This document compares the structural reforms in relation to unemployment in Peru. WP-385 Paying the mortgage: Hyperinflation, reform of the economy, employment and unemployment in the Argentina of the 1990s The causes of the "unemployment explosion" and of the scant creation of jobs in Argentina until 1995 and the future outlook are the two themes of this document, which presents an in-depth interpretation of the case of Argentina.

Date: 1998-10
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