Supporting low-wage earners is one of the keys to promoting inclusive growth, and minimum wages are a common if sometimes controversial way of doing it.
Of the 34 countries that are members of the Organisation for Economic Co-operation and Development (OECD), 26 have a minimum wage – 9 of which have been introduced since 1990.
But the rate varies dramatically, as shown in this chart looking at the rates in US dollars per hour after taxes, at purchasing power parity (which takes exchange rate anomalies into account).
Chosen excerpts by Job Market Monitor. Read the whole story at This is what the minimum wage looks like around the world – Agenda – The World Economic Forum.
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