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.
Volume (Year): (2014)
Issue (Month): (May)
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- Haroon Bhorat & Ravi Kanbur & Natasha Mayet, 2013.
"The impact of sectoral minimum wage laws on employment, wages, and hours of work in South Africa,"
IZA Journal of Labor & Development,
Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-27, December.
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