Artikel
Introducing a statutory minimum wage in middle and low income countries
Motivations for introducing a statutory minimum wage in developing countries include reducing poverty, advancing social justice, and accelerating growth. Attaining these goals depends on the national context and policy choices. Institutional capacity tends to be limited, so institutional arrangements must be adapted. Nevertheless, a statutory minimum wage could help developing countries advance their development objectives, even where enforcement capacity is weak and informality is pervasive.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Wages, Compensation, and Labor Costs: Public Policy
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Institutions: Design, Formation, Operations, and Impact
Informal Labor Markets
Labor Law
Illegal Behavior and the Enforcement of Law
- Thema
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minimum wages
institutional design
developing countries
informality
enforcement
- Ereignis
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Geistige Schöpfung
- (wer)
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Margolis, David N.
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
-
2014
- DOI
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doi:10.15185/izawol.52
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Margolis, David N.
- Institute for the Study of Labor (IZA)
Entstanden
- 2014
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