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Dynamics of Wage Fixation in a Developing Economy

Autor Benedict Y. Imbun
en Limba Engleză Hardback – 31 aug 2008
This book is a microcosm of issues of minimum wage determination in developing countries examined in the context of Papua New Guinea (PNG). With provision of parallels, it discusses the critical issues, process, and actors involved in determination of minimum wage. Like most governments in developing countries obsessed with economic development, the critical issue for the PNG government has been to ensure that wage levels and the wage structure harmonise as far as possible with the national development aspirations and on the other hand, social objectives are maintained through the prevention of exploitation of workers. Although, the twin issues of economic efficiency and social equity have not been easily compatible, this book's testimony of experiences in accommodating the issues has been the most challenging for PNG. The challenges faced and lessons learnt in determining and regulating minimum wage would reflect similar experiences for many developing countries.
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Specificații

ISBN-13: 9781604565171
ISBN-10: 1604565179
Pagini: 154
Ilustrații: tables
Dimensiuni: 162 x 250 x 15 mm
Greutate: 0.41 kg
Editura: Nova Science Publishers Inc

Cuprins

Preface; Dynamics of Minimum Wage in Developing Countries; Employment and Wage Fixation in Colonial Papua New Guinea; The Emergence of Minimum Wage Determination System; Wage Determination in Post-Independence Period; The Deregulation of Minimum Wage System; Labour Market Performance in Post-Deregulation Period; The 2000 Minimum Wage Policy; Misconceptions and politics of minimum wage determination; Implications of Minimum Wage Policy; Conclusion; Index.