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The growth-employment-poverty nexus in Latin America in the 2000s: Costa Rica country study

Guillermo Cruces, Fields Gary S., David Jaume () and Mariana Viollaz ()

No 74, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In the 2000s, Costa Rica experienced moderate economic growth and a general improvement in labour market conditions. From 2000 to 2012, Costa Rica grew at the Latin American average. Most labour market indicators improved during 2001.09 and 2010.12 (the series with comparable data). However, the unemployment rate increased in both periods, the mix of employment by occupations polarized from 2010 to 2012, and some poverty and inequality indicators increased from 2010 to 2012. The international crisis had substantial negative effects on the economic growth rate, unemployment, poverty, and inequality indicators, and not all of them recovered after the crisis.

Keywords: Economic growth; Income distribution; Labor market; Poverty; Public welfare (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lam and nep-ltv
Date: 2015
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