Publisher's Synopsis
In the context of the process of economic liberalization in Latin America, this work examines policies and regulations that balance the needs of capital and labour. It focuses on the need for regulatory and institutional reforms to maximize the efficiency and production of the region's labour market, and argues that countries should, specifically: define what should be covered by legal regulations and what should be left to negotiation between labour and management; produce an atmosphere that depoliticizes contract disputes and negotiations; and strengthen institutions responsible for labour policies. The text covers four Latin American countries: Brazil, Chile, Uruguay and Venezuela.