The Political Economy of Minimum Wage Policies in South Korea and Taiwan: (Record no. 47983)

MARC details
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control field 47983
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name KIM Ray Dongryul
Relator term Author
245 ## - TITLE STATEMENT
Title The Political Economy of Minimum Wage Policies in South Korea and Taiwan:
Remainder of title Decision- Making under Strong versus Weak Partisanship/
Statement of responsibility, etc. Ray Dongryul Kim and Chin-En Wu
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
520 ## - SUMMARY, ETC.
Summary, etc. This study conducts a systemic comparison of minimum wage decision-making in Korea and Taiwan. It demonstrates that Korea’s big-business-dominated economy builds confrontational labour–business relations to be exploited by political parties, resulting in partisan decisions on the minimum wage, to a greater extent than Taiwan’s more mixed economy. A large social divide based on the economic structure translates into a substantial partisan difference in minimum wage policies, when endorsed by the unique features of the minimum wage issue and carried out through the agents of the tripartite commission. As seen from the outcomes, a marked difference exists between Korea and Taiwan: Korea shows a dramatic fluctuation in annual minimum-wage increases, whereas Taiwan’s increases remain stable across different governments. Korean governments actively respond to their core constituencies, whether labour or business, while Taiwan governments seek to strike a balance.
598 ## - BULLETIN HEADING
Bulletin Heading WAGE, ECONOMY, TAIWAN, KOREA, DECISION-MAKING
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element WAGE
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Topical term or geographic name entry element ECONOMY
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Topical term or geographic name entry element KORE4A
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Topical term or geographic name entry element TAIWAN
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name WU Chin-En
Relator term Author
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Related parts Journal of Contemporary Asia, Number 4, Volume 54, 2024, Page: 690-713
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Uniform Resource Identifier <a href="https://doi.org/10.1080/00472336.2023.2224385">https://doi.org/10.1080/00472336.2023.2224385</a>
Public note Click here for full text
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Koha item type Journal
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