About the product
Reviewing and comparing the economic histories of Europe and Latin America we can observe that the universality of social security systems and the concurrent development of labor market institutions allowed Europe to reduce social inequality. This has not been possible for Latin America. This document focuses on the lessons that Latin American countries may draw from the experience of Europe. It also demonstrates how reforms undertaken by the majority of countries of the region show different paths on how to place social security on an economically sustainable path.
