Colombia has a new unemployment insurance program. It follows Chile's model. This has been successful in providing liquidity to the unemployed, as well as a platform for the development of active labor policies. The main criticism is that the collective component is small compared, with, for example, Western Europe. However, the mix of individual responsibility and solidarity guarantees has advanced in Latin America, possibly because of the large size of the informal economy.
Friday, June 21, 2013
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