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The growth-employment-poverty nexus in Latin America in the 2000s: El Salvador country study

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

No 77, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: During the 2000s, El Salvador experienced slow economic growth for Latin American standards. The country underwent a recession during the international crisis of 2008, but returned to pre-recession output level in 2011. Changes in labour market conditions were mixed. The unemployment rate fell, and the mix of employment by occupations, economic sector, and education improved slightly. However, the employment mix by occupational position deteriorated, and the share of registered workers and earnings decreased. Most labour indicators were affected adversely by the crisis, and some have yet to return to pre-crisis levels. Most poverty and inequality indicators fell over the period.

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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