Minimum Wages, Globalization, and Poverty in Honduras

Katherine Terrell and Thomas (Tim) Gindling

No RP2008-23, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: To be competitive in the global economy, some argue that Latin American countries need to reduce or eliminate labour market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the other hand, minimum wage increases can have a direct positive impact on family income and may therefore help to reduce poverty. We take advantage of a complex minimum wage system in a poor country that has been exposed to the forces of globalization to test whether minimum wages are an effective poverty reduction tool in this environment.

Keywords: Globalization; Labour law; Poverty; Poverty measurement; Wages (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-dev and nep-lab
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Minimum Wages, Globalization, and Poverty in Honduras (2010)
Working Paper: Minimum Wages, Globalization and Poverty in Honduras (2006)
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