The debate on a national minimum wage appears to occur in different universes. The main institutional protagonists – organised labour and the business sector – seem to talk past each other. In op-ed and other media articles, spokespersons, lobbyists and even academic analysts frequently resort to flag waving or labelling. The issue drowns in the adversarial relationship between labour- and business-oriented approaches. Amidst this furore, government must formulate policy on the matter.
Contrasting two recent contributions to Econ 3x3 may help to take the debate forward.
Download the full article above.
Written by Frederick C.v.N Fourie, Professor and Research Fellow, Department of Economics, University of the Free State; and Pippa Green, Communications and media consultant, REDI3x3
This article was first published on the Econ3x3 website – Accessible policy-relevant research and expert commentaries on unemployment and employment, income distribution and inclusive growth in South Africa.