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The most important determinant of households' livelihoods is how much they earn for their labour. People in informal work are more likely to be low earners, to live in poverty, and to make fewer transitions into the higher-paying work statuses. The paper is divided into three main sections: what...
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A key way for the world's poor - nearly half of humanity - to escape poverty is to earn more for their labor. Most of the world's poor people are self-employed, but because there are few opportunities in most developing countries for them to earn enough to escape poverty, they are working hard...
Persistent link: https://www.econbiz.de/10011988276
Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...
Persistent link: https://www.econbiz.de/10009687331
Argentina experienced a decline in the early years of the 2000s, from 2000 to 2002, in GDP and in most labour market indicators, followed by improvements in nearly all of them, tracing out a U-shaped pattern. The international crisis of 2008 impacted negatively only on the unemployment rate and...
Persistent link: https://www.econbiz.de/10011333375
Between 2000 and 2013, Colombia experienced rapid economic growth. The country suffered a slowdown at the beginning of the period and during the international crisis of 2008, but during both slowdowns, the growth rate never turned negative. Most labour market indicators improved and followed the...
Persistent link: https://www.econbiz.de/10011334069
During the 2000s Chile achieved rapid economic growth and improved most labour market indicators: the unemployment rate fell; the mix of employment by occupational position and sector improved; the educational level of the employed population, the percentage of registered workers, and labour...
Persistent link: https://www.econbiz.de/10011334072
During the 2000s, Brazil experienced slow economic growth and a substantial improvement in labour market indicators. From 2001 to 2012, Brazil grew less than the Latin American average. However, the unemployment rate decreased, the employment composition improved, the educational level of...
Persistent link: https://www.econbiz.de/10011334073
During the 2000s Bolivia experienced moderate economic growth and improved all labour market indicators. The economy suffered a slowdown as a consequence of the international crisis of 2008, but Bolivia sustained positive growth rates during that episode. The unemployment rate fell between 2000...
Persistent link: https://www.econbiz.de/10011334075