4min chapter

New Books in Economics cover image

Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)

New Books in Economics

CHAPTER

Contrasting Approaches to Low Wage Issues in East Asia

This chapter explores the economic struggles of low-wage workers in East Asia, focusing on Taiwan's wage stagnation versus Singapore's effective Progressive Wage Model. It emphasizes the impact of government priorities on labor market policies and the economic conditions of low-income workers.

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