LEGAL REGULATION OF MINIMAL WAGE ON INTERNATIONAL LEVEL AND THE ECONOMIC PERSPECTIVE. SELECTED ISSUES IN THE CONTEXT OF CURRENT DISCUSSIONS

Marek Jakubiec

Economic and Regional Studies (Studia Ekonomiczne i Regionalne), 2015, vol. 08, issue 3

Abstract: The purpose of this article is to present the most essential aspects of minimal wage institution functioning in the current international law, as well as to conduct an analysis of several selected legal end economic issues connected with the amount of remuneration payed to employees and its minimum rate. They seem significant in connection to political events that are nowadays taking place in some European countries. The key legal acts issued by submitted by ILO will be analyzed, while special attention will be placed on the provisions of the Convention because of their particular status in the International Labor Organization’s legal acts’ system. What is more, the conclusions regarding this issue in the economic context will be drawn. It will allow for the explanation of this issue based not only on economic policy considerations, but also one which is closely connected with current state of international law.

Keywords: Labor and Human Capital; Public Economics (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:plecrs:265209

DOI: 10.22004/ag.econ.265209

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