How Do Minimum Wage Policies Affect Workers in Emerging Markets?
Key Points
The policy process for determining minimum wage levels varies greatly across BRICS countries (Brazil, Russia, India, China, and South Africa), leading to differences in objectives, priorities, and outcomes.
Unlike in advanced countries, lack of compliance with minimum wage regulations is a major ...
https://iems.ust.hk/publications/thought-leadership-briefs/minimum-wage-policies-affect-workers-emerging-markets