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Low‐wage work: A global perspective
Author(s) -
LEE Sangheon,
SOBECK Kristen
Publication year - 2012
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/j.1564-913x.2012.00142.x
Subject(s) - work (physics) , perspective (graphical) , collective bargaining , wage , economics , low wage , china , estimation , minimum wage , labour economics , political science , engineering , mechanical engineering , management , artificial intelligence , computer science , law
This article provides a global overview of trends in low pay and policies for reducing its incidence. The special issue it introduces follows up on “Low‐wage work in Europe and the United States” (Vol. 148 (2009), No. 4), the focus here being on Brazil, China, India, the Republic of Korea and South Africa. After examining the definition and estimation of low pay, the authors give particular attention to two policies accounting for variations in cross‐country trends: collective bargaining and minimum wages. To address low pay effectively, they argue, minimum wages must be set within a certain range on account of threshold effects.