October 2015

1. 

   Minimum wage and its relevance to socio-economic progress in the Lao People's Democratic Republic : A workers' perspective

   06 October 2015

   This paper examines empirical aspects of the regulatory and institutional frameworks and the process of minimum wage adjustment in the Lao People’s Democratic Republic, as well as its actual implementation in different sectors – private, public and informal. Included is a review of collective bargaining coverage to measure how such agreements affect wage increases. It also analyses the relationship between the minimum wage and certain socio-economic developments, such as gross domestic product growth rates, consumer price indices, inflation rates, employment trends, the national and international poverty lines, labour productivity and social security coverage.