CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

The labour market and income distribution in Colombia in the 1990s

This article analyses the behaviour of the Colombian labour market and the changes it underwent during the 1990s. It begins by outlining the reforms carried out in that country and summarizing macroeconomic developments and changes in the production structure in the 1990s. Then it uses data available from household surveys to analyse the dynamic of the labour market by economic sector, educational level and occupational position. After briefly describing the latest advances in research into income distribution in Colombia, it then shows the results of simulation exercises carried out to determine the effects of the changes observed in labour market conditions (sectoral structure of employment, relative wages, unemployment and labour force participation) on income distribution and poverty, both for the country as a whole and for the urban and rural sectors separately. The article concludes that the ability of the economy to generate employment has deteriorated markedly, and that this deterioration has affected lower-skilled workers most of all.

English Spanish

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