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Labour costs and competitiveness in the Latin American manufacturing sector, 1990-1998

Martínez, Daniel | Tokman, Víctor E. (1999-12)

This article analyses the reduction of labour costs as a factor which helps to raise the competitiveness of industrial enterprises. It first reviews non-wage labour costs, both for workers with permanent contracts and those with only temporary contracts, or with no contracts at all, in order to show the differences that exist in non-wage labour costs ...