Since the late 1980s, incomes have fallen sharply in most countries of Central and Eastern Europe, while unemployment and poverty rates have risen dramatically. In most countries during that period, the statutory minimum wage has been supposed to be an anchor of the social protection system and the wage structure, protecting the low-paid and those dependent on state benefits. Unfortunately for those affected, the level of the minimum wage has been allowed to drop to well below the "poverty level" and has ceased to protect anyone. This book considers the evidence and the implications of this development, and recommends a series of reforms.
- Cover
- Front matter
- title page
- copyright page
- Contents
- List of Tables and Figures
- Introduction
- 1. What Role for the Minimum Wage in the Flexible Labour Markets of the 21st Century?
- 2. Minimum Wages in Central and Eastern Europe: Slippage of the Anchor
- 3. Minimum Wages in Russia: Fantasy Chasing Fact
- 4. What Role for the Minimum Wage in the New Polish Labour Market?
- 5. The Impact of the Minimum Wage on Hungarian Wages and Industrial Relations
- 6. Have Minimum Wages Hit Employment in the Czech Transformation?
- 7. Minimum Wages and Collective Bargaining in Bulgaria
- 8. The Role of the Minimum Wage in the Romanian Wage Structure
- 9. The Minimum Wage and Impoverishment in the Republic of Moldova
- 10. Minimum Wage Protection in WesternIndustrialised Economies
- back cover
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