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

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

No 84, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Venezuela experienced slow economic growth during the 2000s. The economy suffered a recession in the early years of the period and during the international crisis of 2008, but most labour market indicators improved and moved along with the business cycle over the period. The only indicators that did not improve were the composition of employment by occupational position and the percentage of workers registered with social security, which remained essentially unchanged. Most of the labour market indicators were affected negatively by the international crisis, and some of them had not recovered their pre-crisis levels by 2012.

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
Date: 2015
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