Abstract
In this chapter, we set out the characteristics of the eight Asian countries (China, India, Indonesia, Japan, Korea, Pakistan, Thailand and Vietnam) scrutinized in the following chapters. The focus is on minimum wages (MWs), collective bargaining and economic development. We start by positioning the countries according to their gross domestic product (GDP) per capita ranking and growth rates since 2000. In section 1.2, we explore the patterns and differences in inequality and informality. In particular, we focus on the development of the wage or labour share and the personal income distribution coming through in the last decade. Section 1.3 covers MWs and collective bargaining, as well as the linkage with social security systems.
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© 2015 Maarten van Klaveren
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van Klaveren, M. (2015). Asia: A Comparative Perspective. In: van Klaveren, M., Gregory, D., Schulten, T. (eds) Minimum Wages, Collective Bargaining and Economic Development in Asia and Europe. Palgrave Macmillan, London. https://doi.org/10.1057/9781137512420_1
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DOI: https://doi.org/10.1057/9781137512420_1
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