Macroeconomic reforms, labour markets and labour policies : Chile, 1973-2000

Employment Strategy Paper 2004/2

Explores the relationship between economic performance and labour market policies, focusing on the suggestion that liberalization of the labour market as it was applied in Chile was an important factor in facilitating economic growth. Examines the impact of economic reforms and labour legislation on growth, employment and wages. Discusses issues of fundamental rights and principles at work under globalization and liberalization based on the Chilean experience.