Macroeconomic Structure and the (Non-)Vulnerable Employment Intensity of Growth
نویسنده
چکیده
From a macroeconomic perspective, this paper asks whether or not output growth has been working in tandem with decent work targets over the past few decades. Though country experiences vary, growth has generally been much less of a driver toward decent work targets after the 2009 global downturn than previously. Using vulnerable employment data spanning 48 countries (1990-2010), this paper then identifies the structural contexts that were positively associated with relative flows of labor in to non-vulnerable employment. Findings suggest institutional and human capital drivers of growth were relatively more aligned with decent work progress in Latin America. Conversely, physical capital investments were a stronger driver in non-Latin American economies. The share of services is also positively associated with growth that favors decent work for the full sample. Word Count: 6,982 (Excluding abstract, tables, & figures.)
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