Gill, Indermit S.Maloney, William F.Sanchez-Paramo, Carolina2012-08-132012-08-132002-05https://hdl.handle.net/10986/10410This note synthesizes the findings of research on trade and labor in the region, including World Bank studies on: (i) trade and job quality, (ii) informality, and (iii) labor policies in the region. First, the evidence on the relationship between trade liberalization, macro-restructuring and labor market outcomes during the 1990s is reviewed. Second, labor market rigidities will be analyzed and the extent to which reform efforts facilitated formal employment creation. Finally, based on lessons learned from the 1990s, a new agenda for labor market reform is proposed which reflects more closely the new environment in which Latin American governments now operate.CC BY 3.0 IGOADMINISTRATIVE COSTSDISMISSALECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMISTSEFFICIENCY OF LABOREMPIRICAL EVIDENCEEMPLOYERSEMPLOYMENTEMPLOYMENT CREATIONEMPLOYMENT STABILITYFIRINGINCOMEINCOME INEQUALITYINSURANCEJOB CREATIONJOB SECURITYJOBSLABOR FORCELABOR FORCE PARTICIPATIONLABOR LEGISLATIONLABOR MARKETLABOR MARKET SEGMENTATIONLABOR MARKETSLABOR POLICIESLABOURLABOUR MARKETSLEGISLATIONMACROECONOMIC STABILITYMACROECONOMIC STABILIZATIONMINIMUM WAGESNATURAL RESOURCESPRODUCTIVITYPROMOTIONSAFETY NETSSKILLED WORKERSTECHNOLOGICAL CHANGETECHNOLOGICAL PROGRESSTRANSACTION COSTSTURNOVERUNEMPLOYEDUNEMPLOYMENTUNEMPLOYMENT LEVELSUNEMPLOYMENT RATEWORKERS TRADE LIBERALIZATIONLABOR REGULATIONSLABOR MARKET CHARACTERISTICSUNEMPLOYMENT RATESREALLOCATIONLABOR POLICYMARKET REFORMSRESTRUCTURINGUNEMPLOYMENT INSURANCECOMPENSATION PACKAGESTEMPORARY EMPLOYMENTJOB SECURITYTERMINATIONEMPLOYMENT CREATIONWorld Bank10.1596/10410