Social Sciences
8 years ago

Minimum wage making a comeback worldwide, promising better economic conditions.

Palgrave Macmillan UK eBooks
The Revival of Minimum Wage Setting Institutions
François Eyraud, Catherine Saget

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The minimum wage is a common tool used by many countries to set a baseline pay for workers. After years of being overlooked, it is now gaining popularity again. Recent studies have shown that the minimum wage is widely used in developing countries. Changes in laws are aiming to expand coverage and make adjustments based on economic and social factors.