- Related Tags：
- manufacturing sector
- non-manufacturing sector
- South Korea
- minimum wage
- GDP per capita
- Pheu Thai
Taiwan’s manufacturing profits are growing disproportionately faster than non-manufacturing profits, which has resulted in a loss of innovation and diversity in the economy.
Taiwan’s suppressed minimum wages have made its manufacturing profits grow one of the fastest among advanced countries but, at the same time, hampered Taiwan’s overall economic growth.
Move Forward and Pheu Thai’s Minimum Wage Plan Will Enable Faster Growth of Thailand’s Domestic Economy
Move Forward and Pheu Thai’s proposal of minimum wage increase will enable faster growth of Thailand’s domestic economy, by striking a better balance on growth between manufacturing and non-manufacturing sectors.