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Minimum wage policy supported by a strong social policy is an efficient mechanism against poverty and income erosion of the poorest households. Minimum wage is one of the instruments which can control wage dispersion and in this way reduce income inequality. It can also help to prevent a general...
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development strategies, China depends less on foreign capital than Korea and Vietnam. The contribution of exports and trade is … of China’s development strategies which does not apply to Korea and Vietnam is the pursuit of current account surplus …This article conducts a series of comparison of development scenarios and development strategies among Korea, Vietnam …
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