Perry, Guillermo E.Arias, Omar S.López, J. HumbertoMaloney, William F.Servén, LuisArias, Omar2012-06-042012-06-042006978-0-8213-6511-3https://hdl.handle.net/10986/6997Poverty Reduction and Growth is about the existence of these vicious circles in Latin America and the Caribbean about the ways and means to convert them into virtuous circles in which poverty reduction and high growth reinforce each other. This publication is organized as follows: Chapter 1: From vicious to virtuous circle; Chapter 2: Dimensions of well-being, channels to growth; Chapter 3: How did we get here? Chapter 4: The relative roles of growth and inequality for poverty reduction; Chapter 5: Pro-poor growth in Latin America; Chapter 6: Does poverty matter for growth? Chapter 7: Subnational dimensions of growth and poverty; Chapter 8: Microdeterminants of incomes: labor markets, poverty, and traps?; and Chapter 9: Breaking the cycle of underinvestment in human capital in Latin America.en-USCC BY 3.0 IGOACTIVE LABORACTIVE LABOR MARKETACTIVE LABOR MARKET POLICIESADJUSTMENT PROCESSADVERSE IMPACTSAGED WORKERSAGGREGATE EMPLOYMENTAVERAGE PRODUCTIVITYCAREERSCOLLECTIVE BARGAININGCOMPETITIVENESSDECISION MAKINGDISCOURAGED WORKERSDISCUSSIONSDISMISSALDISMISSALSECONOMIC GROWTHECONOMIC INSECURITYECONOMIC SITUATIONECONOMIES OF SCALEELASTICITYEMPLOYEEEMPLOYMENT CREATIONEMPLOYMENT EFFECTSEMPLOYMENT GROWTHEMPLOYMENT PROTECTION LEGISLATIONEMPLOYMENT RATEEXPORTSFIRINGFIRING COSTFIRING COSTSFIRING RESTRICTIONSFIRM LEVELFOREIGN COMPETITIONGDPHIGH UNEMPLOYMENTHIRINGHOUSEHOLD INCOMEHOUSEHOLD SURVEYSHUMAN CAPITALHUMAN RESOURCESINCOME DISTRIBUTIONINCOME SECURITYINDIGENOUS WORKERSINDUSTRIAL RELATIONSINFLATION RATESINFORMAL EMPLOYMENTINFORMAL LABOR MARKETINFORMAL SECTORINFORMAL SECTOR WORKERSJOB CREATIONJOB DESTRUCTIONJOB SEARCHJOB TRAININGJOBLESS GROWTHJOBSLABOR CODESLABOR CONTRACTLABOR FORCELABOR FORCE PARTICIPATIONLABOR LEGISLATIONLABOR MARKETLABOR MARKET INDICATORSLABOR MARKET INSTITUTIONSLABOR MARKET OUTCOMESLABOR MARKET POLICYLABOR MARKET RIGIDITIESLABOR MARKETSLABOR ORGANIZATIONLABOR PRODUCTIVITYLABOR REGULATIONLABOR REGULATIONSLABOR TURNOVERLATIN AMERICANLONG-TERM UNEMPLOYMENTMARGINAL PRODUCTMEDICAL CAREMINIMUM WAGEMINIMUM WAGESMORAL HAZARDMORTALITYNET EMPLOYMENTNON-WAGE COSTSOPEN ECONOMIESOPPORTUNITY COSTPOLITICAL ECONOMYPRIMARY SOURCEPRIVATE SERVICESPRODUCTIVITY EFFECTSPRODUCTIVITY GAINSPRODUCTIVITY GROWTHPRODUCTIVITY INCREASESPRODUCTIVITY LEVELSPROTECTING WORKERSREAL WAGESSAFETY NETSAFETY NETSSALARIED EMPLOYMENTSALARIED WORKERSSELF EMPLOYEDSELF EMPLOYED WORKERSSELF EMPLOYMENTSEVERANCE PAYMENTSSKILL ACCUMULATIONSMALL BUSINESSSOCIAL PROTECTIONWorld Bank10.1596/978-0-8213-6511-3