Overview

Examining the premise that the process of economic liberalization has had a significant impact on the labor markets of many countries, this contributed volume studies that impact in different countries and regions from both theoretical and applied perspectives. While recognizing that liberalization entails many elements, the book focuses on how structural adjustment policies have contributed to the overall development effort. The first four chapters analyze the relationship between economic liberalization and labor markets, and then investigate this relationship within broader regions, such as North-South, transition economies, and Africa. The remaining chapters provide case studies of Greece, Chile, Argentina, Mexico, Trinidad and Tobago, and Turkey. All the country chapters treat political economy issues and related policy conclusions. Stressing the interrelationship between liberalization and labor markets, the chapters discuss the importance of institutional, political, and legal factors in considering the effects of liberalization policies on the structure of labor markets and its participants. The book is an important look at a previously unexplored area of economic analysis.