Labour market trends and implications of regional integration
Includes bibliography
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Lenguaje: | English |
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ECLAC
2014
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Acceso en línea: | http://hdl.handle.net/11362/27581 |
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oai-11362-275812020-09-28T16:15:13Z Labour market trends and implications of regional integration NU. CEPAL. Sede Subregional para el Caribe DESEMPLEO INTEGRACION ECONOMICA MERCADO DE TRABAJO MIGRACION INTERNACIONAL PRODUCTIVIDAD DEL TRABAJO ECONOMIC INTEGRATION INTERNATIONAL MIGRATION LABOUR MARKET LABOUR PRODUCTIVITY UNEMPLOYMENT Includes bibliography Labour markets represent the backbone of economic functioning, providing the means of survival to populations, with labour income ensuring the livelihood of workers and families alike. Labour is also an essential input into production - in many cases it is the main input, especially in service sectors which are dominant sectors in the Caribbean. As such, labour markets define economic well-being: in competitive economies labour is paid its marginal product. This implies that only productive labour prospers as higher productivity implies higher earnings, which in turn allows for higher consumption and a higher standard of living. The vitality and health of labour markets, therefore, play a crucial role in attaining and maintaining economic prosperity. Labour markets not only need an adequate match of supply and demand of labour - in terms of quantity as well as quality, but also in terms of being based on an institutional framework conducive to its smooth functioning. This requires inter alia a setting that regulates contractual agreements and protects the rights of workers, whilst not distorting hiring and firing decisions of firms. 2014-01-02T23:14:47Z 2014-01-02T23:14:47Z 2005-09-26 Texto Documento Completo http://hdl.handle.net/11362/27581 LC/CAR/L.51 en application/pdf CARIBE CARIBBEAN REGION ECLAC |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
DESEMPLEO INTEGRACION ECONOMICA MERCADO DE TRABAJO MIGRACION INTERNACIONAL PRODUCTIVIDAD DEL TRABAJO ECONOMIC INTEGRATION INTERNATIONAL MIGRATION LABOUR MARKET LABOUR PRODUCTIVITY UNEMPLOYMENT |
spellingShingle |
DESEMPLEO INTEGRACION ECONOMICA MERCADO DE TRABAJO MIGRACION INTERNACIONAL PRODUCTIVIDAD DEL TRABAJO ECONOMIC INTEGRATION INTERNATIONAL MIGRATION LABOUR MARKET LABOUR PRODUCTIVITY UNEMPLOYMENT Labour market trends and implications of regional integration |
description |
Includes bibliography |
author2 |
NU. CEPAL. Sede Subregional para el Caribe |
author_facet |
NU. CEPAL. Sede Subregional para el Caribe |
format |
Texto |
title |
Labour market trends and implications of regional integration |
title_short |
Labour market trends and implications of regional integration |
title_full |
Labour market trends and implications of regional integration |
title_fullStr |
Labour market trends and implications of regional integration |
title_full_unstemmed |
Labour market trends and implications of regional integration |
title_sort |
labour market trends and implications of regional integration |
publisher |
ECLAC |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/27581 |
_version_ |
1718440696077090816 |