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

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

No 81, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: During the 2000s Paraguay experienced slow economic growth but improved all labour market indicators. The growth process was erratic. Paraguay underwent a macroeconomic crisis at the beginning of the period, a recession as a consequence of the international crisis of 2008, and a local crisis in 2012. Most labour market indicators improved between 2001 and 2013 following the erratic pattern of GDP. The only labour market indicator that improved almost steadily over the period was the educational level of the employed population. All poverty and inequality indicators exhibited an erratic behaviour over time, but fell overall between 2001 and 2013.

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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