What does a living wage look like in Mexico?
The debate on increasing minimum wage has been gaining momentum around the world in the recent years. In developing economies such as Chile and Brazil, for example, high inequality and low standards of living have led to wage recovery policies, while ">four states in the wealthy United States recently raised the minimum wage, in some cases to US$15 an hour.
Did the impact of economist Thomas Picketty’s best-selling book Capital in the 21st Century cause this? Or perhaps it’s international migration and political polarisation. Either way, the notion that workers deserve a “living wage” is now a global trend.
Mexico is no exception.… Seguir leyendo »