The Minimum Wage in Mexico

For some years the minimum wage has been the subject of considerable debatein financial newspapers, academic journals, legislative chambers, employers’ associationsand trade unions, both in developed and in developing countries, includingrecently in Mexico. It has come to be considered as a legitima...

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Detalles Bibliográficos
Autores principales: Moreno-Brid, Juan Carlos; CEPAL, Garry, Stefanie; Economista de CEPAL–México, Monroy-Gómez-Franco, Luis Angel; El Colegio de México
Lenguaje:Español
Publicado: Facultad de Economía 2015
Acceso en línea:http://www.revistas.unam.mx/index.php/ecu/article/view/47075
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article47075oai
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language Español
description For some years the minimum wage has been the subject of considerable debatein financial newspapers, academic journals, legislative chambers, employers’ associationsand trade unions, both in developed and in developing countries, includingrecently in Mexico. It has come to be considered as a legitimate and important instrumentof economic policy to promote equality and raise incomes, especially for thepoorest workers. While the debate continues about its effects on employment, informalityand inflation, the document highlights the various points of agreement on theissue in Mexico. In real terms, Mexico’s minimum wage, the lowest in Latin America,has experienced a sharp decline over the last decades, to the point that its currentlevel does not meet the provisions of the Constitution, and does not provide workerswith a viable route out of poverty, especially when purchasing power parity is takeninto account.
author Moreno-Brid, Juan Carlos; CEPAL
Garry, Stefanie; Economista de CEPAL–México
Monroy-Gómez-Franco, Luis Angel; El Colegio de México
spellingShingle Moreno-Brid, Juan Carlos; CEPAL
Garry, Stefanie; Economista de CEPAL–México
Monroy-Gómez-Franco, Luis Angel; El Colegio de México
The Minimum Wage in Mexico
author_facet Moreno-Brid, Juan Carlos; CEPAL
Garry, Stefanie; Economista de CEPAL–México
Monroy-Gómez-Franco, Luis Angel; El Colegio de México
author_sort Moreno-Brid, Juan Carlos; CEPAL
title The Minimum Wage in Mexico
title_short The Minimum Wage in Mexico
title_full The Minimum Wage in Mexico
title_fullStr The Minimum Wage in Mexico
title_full_unstemmed The Minimum Wage in Mexico
title_sort minimum wage in mexico
publisher Facultad de Economía
publishDate 2015
url http://www.revistas.unam.mx/index.php/ecu/article/view/47075
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article47075oai
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