Factors Limiting Minimal Wages Increase

• Authors: Zych A.
• Languages of publication: PL

Abstracts

EN

The author discusses the issue of wage minimum from the perspective of his own professional experience, and clearly supports significant increase of the lowest wages currently in force. Interesting - although undoubtedly debatable - thesis is presented, according to which market economy is, generally speaking, not conducive to spontaneous growth of wages, the lowest in particular. Hard competition among economic entities that forces to constant lowering of costs, characteristic for that economy, is a special threat in that respect. Hence, according to the author, the state should intervene in the sphere of remunerations in the conditions of market economy

Keywords

EN

MARKET ECONOMY; MINIMAL WAGE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Labor and Social Studies, Warsaw
• Journal: Polityka Społeczna
• Year: 2007
• Volume: 34
• Issue: 9(402)
• Pages: 10-12
• Document type: ARTICLE

Contributors

author

Zych A.

• A. Zych, no address given, contact the journal editor

Identifiers

CEJSH db identifier

08PLAAAA04148076