Southern European Labor Markets in Perspective

Left Behind (Edwards)Over the last fifteen years the Latin American nations have made very little progress in deregulating labor markets. Labor laws in the region resemble those of the older social welfare era in Europe. According to the Fraser Institute, Latin America ranks lower on average than most of the comparison nation groups in terms of labor market flexibility. The only group with more regulated labor markets is the southern European nations — Greece, Portugal, and Spain.

— Sebastian Edwards, Left Behind: Latin America and the False Promise of Populism (Chicago: University of Chicago Press, 2010), pp. 97–98.

By the way, while I had my reservations at first, if you’re interested in the economic history of Latin American this book is both easy to read and interesting. It has a clear free market bent, which may be a good or bad thing depending on who you are.

6 thoughts on “Southern European Labor Markets in Perspective

    1. JCatalan

      CEHLA? The only thing I can find online is a bibliographic reference and a website that takes me to a Spanish-language anarchist website. Is the latter what you’re referring to?

      1. person

        the cambridge economic history of latin america (all volumes), which is both incredibly readable and designed to touch on the major work and issues of latin american economic history

  1. John S

    Any books or links that describe how the Southern European labor market regulations have increased unemployment?


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