The growth-employment-poverty nexus in Latin America in the 2000s: Argentina Country Study

Abstract

Argentina experienced a decline in the early years of the 2000s, from 2000 to 2002, in GDP and in most labour market indicators, followed by improvements in nearly all of them, tracing out a U-shaped pattern. The international crisis of 2008 impacted negatively only on the unemployment rate and the share of paid employees, but both returned to their pre-crisis levels by 2010. Notwithstanding Argentina’s massive downturn from 2000 to 2002 and the international crisis of 2008, labour market conditions were in a better state in 2012 than they were at the start of the millennium.