Minimum wages, collective bargaining and economic development in Asia and Europe (Dec 2015)

1st December 2015

Minimum wages, collective bargaining and economic development in Asia and Europe (Dec 2015)

Maarten van Klaveren discusses minimum wages and collective bargaining in Asia and Europe. He notes the polarity of debates on the establishment of a statutory minimum wage; on one hand around ‘social justice’ arguments for a minimum wage floor to reduce income inequality and poverty level wages, and on the other, the ‘economic imperative’ to ensure a minimum wage does not depress demand in certain labour markets.

Maarten van Klaveren is a senior researcher at the Amsterdam Institute for Advanced labour Studies (AIAS), University of Amsterdam, the Netherlands.

Submitted by the Global Labour Column