The case centres on the debate as to whether to implement a national minimum wage in South Africa. The increase of a national minimum wage in Brazil lead to a reduction in wealth inequality and higher living standards. However, there are fears that increasing the costs of employing and hiring workers for businesses may increase the unemployment rate already at 27% in 2016.
The South African National Minimum Wage Conundrum: Equality vs Growth?
- Author: &
- Publisher:Wits Business School
- Publication year:2017
- Online pub date:
- Discipline: Development Economics, Labor Economics
- Length:11,838 words
Region:Southern AfricaCountry:South AfricaOrganization:Government of South AfricaOriginally Published In:2017). The South African national minimum wage conundrum: Equality vs growth? WBS-2017-10. Johannesburg: The Case Centre, Wits Business School., & (Type:Online ISBN:9781526465948Copyright: © 2017 Graduate School of Business Administration, University of the Witwatersrand