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Labor market rigidity and the success of economic reforms across more than one hundred countries

Author: Alvaro Forteza; Martín Rama; World Bank Development Research Group Poverty and Human Resources.
Publisher: Washington, D.C : World Bank, 2001.
Series: Policy research working paper, 2521; World Bank E-Library Archive
Edition/Format:   Computer file : EnglishView all editions and formats
Summary:
Labor market policies and institutions affect the success of economic reform but probably more for political than for economic reasons. Growth appears not to be hurt by minimum wages and mandatory benefits. But the relative size of organized labor (in government and elsewhere) is crucial.
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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alvaro Forteza; Martín Rama; World Bank Development Research Group Poverty and Human Resources.
OCLC Number: 874227793
Description: 1 online resource.
Series Title: Policy research working paper, 2521; World Bank E-Library Archive
Responsibility: Alvaro Forteza and Martín Rama.

Abstract:

Labor market policies and institutions affect the success of economic reform but probably more for political than for economic reasons. Growth appears not to be hurt by minimum wages and mandatory benefits. But the relative size of organized labor (in government and elsewhere) is crucial.

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