This article analyses the evolution of labour markets in Latin America during the reform period from the late 1980s to the present.
The first part briefly reviews the objectives of the labour reforms included in the package of the Washington Consensus and identifies some specific reforms introduced in Latin America following this orientation. In the second part, the effects of these reforms are analysed, concentrating mainly on labour precariousness and exclusion. The article relates this analysis to the expansion of the concept from informal sector to informal economy. Finally, some suggestions are made for key elements of a strategy that aims at protected and inclusive employment.
This article comes from the IDS Bulletin 39.2 (2008) From the Consensus Reforms to Reforms for Protected and Inclusive Employment