In the advanced capitalist countries, the shaping of a relatively homogeneous wage-earning class was a slow process that lasted at least three generations. This gradual transition to a wage-earning economy doesn't seem to take place in developing countries, where the existence of a wile informal...

The "informal" economy employs some 60 percent of Colombian urban workers. It operates al the margin of legal requirements concerning social security; minimum wages, and urban zoning. The markets involved, both for labor and goods and services, are characterized by their flexibility, in sharp...

A Mission led by Hollis Chenery was formed in late 1984 to analyze Colombian unemployment and to design a strategy for dealing with it. There are two main problems: open unemployment in the modern sector is around 1.1000.000 and salaries in the informal sector (1.800.000 workers) are below the...