Difficulties of Fixing the Minimum Wage and its Impact on Inflation in Myanmar

Author : Thurein Lwin

Volume : IEJ Vol.1 No.1

Published Date : October, 2017


Abstract

Firstly, the paper shows political transaction period and minimum wage; the way of calculating the minimum wage in Myanmar together with a comparison with that of ASEAN and selected countries. Secondly, present some difficulties to set up minimum wage and barriers of policy effects to protect all level of employees with minimum wage. Thirdly, it will background theory. Fourthly, it will explain about the advantages and disadvantages of regular adjustment of minimum wage and inflation.