Estonia
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Lithuania and Estonia Have Caught up With Taiwan. Will Taiwan Raise Its Minimum Wage Faster?
Taiwan’s stagnant wages have led to economic growth stagnation, putting it at risk of having the lowest minimum wage among advanced countries.
Taiwan’s Lost Growth (Part 3): Taiwan’s Economy and Profits Have Stagnated Because Wages Have Not Recovered from the 1997 Crisis
The 1997 Asian financial crisis is a distant memory to most countries. But Taiwan hasn’t fully recovered from it because wages have been kept low.