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[IWS] ILO: GLOBAL WAGE REPORT 2014/15: WAGES AND INCOME INEQUALITY + ASIA & PACIFIC Supplement [5 December 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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International Labour Organization (ILO)
GLOBAL WAGE REPORT 2014/15: WAGES AND INCOME INEQUALITY [5 December 2014]
[full-text, 137 pages]
[full-text, 12 pages]
WAGES IN ASIA AND THE PACIFIC: DYNAMIC BUT UNEVEN PROGRESS
[full-text, 16 pages]
he 2014/15 edition examines the link between wages and inequality at the household level. It shows that wages constitute the largest single source of income for households with at least one member of working age in most countries and points to changes in wages and paid employment as key factors underlying recent trends in inequality. The report also considers wage gaps between certain groups, such as those between women and men, migrants and nationals, and workers in the informal and formal economy.
Inequality can be addressed through policies that affect wage distribution directly or indirectly, as well as through fiscal redistribution. However, increasing inequality in the labour market places a heavier burden on efforts to reduce inequality through taxes and transfers. The report thus emphasizes the need for combined policy action that includes minimum wages, strengthened collective bargaining, interventions to eliminate wage gaps, the promotion of paid employment and redistribution through taxes and transfers.
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