Minimum wage fixing : An international review of practice and problems

The study begins, in Chapter 1, with a historical account of the development of minimum wage fixing in the various regions of the world and a description of the extent to which this method of wage regulation is now used. The following two chapters analyse the role and scope of the basic forms of minimum wage fixing that have been created and review available experience on how they have operated. Next there is a description of different types of minimum wage fixing machinery as well as of the operational problems that often arise. Chapter 5 is devoted to Minimum wage fixing: An international review of practices and problems the difficulties encountered in the elaboration of criteria for fixing rates, while Chapter 6 deals with the procedures and the bases for their adjustment. Then comes a consideration of the extent of non-compliance with minimum wages and the measures that might be taken to improve enforcement. The study concludes with a more technical discussion of the factors which have to be taken into account when the economic impact of minimum wages is evaluated empirically and of the ways in which such evaluations have been carried out.