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Article Review on World Bank Report, Optimal Design for a Minimum Wage Policy in Malaysia

Author

Listed:
  • Nurrachmi, Rininta
  • Mad-Ahin, Ashanee
  • Waeowanjit, Phimpaporn
  • Kareemarif Arif, Naz Abdul

Abstract

There are many pros and cons with the implementation of minimum wage in Malaysia, since it is the first time. This article review is to analyze the World Bank report on Malaysian minimum wage policy that will be implemented in 2013. There are strength and weakness on the report. Moreover the review will also be analyzed from Islamic perspective since majority population in Malaysia is Muslim.

Suggested Citation

  • Nurrachmi, Rininta & Mad-Ahin, Ashanee & Waeowanjit, Phimpaporn & Kareemarif Arif, Naz Abdul, 2012. "Article Review on World Bank Report, Optimal Design for a Minimum Wage Policy in Malaysia," MPRA Paper 44618, University Library of Munich, Germany, revised 27 Feb 2013.
    • Handle: RePEc:pra:mprapa:44618
    as

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    References listed on IDEAS

    as
    1. Athukorala, Prema-chandra & Devadason, Evelyn S., 2012. "The Impact of Foreign Labor on Host Country Wages: The Experience of a Southern Host, Malaysia," World Development, Elsevier, vol. 40(8), pages 1497-1510.
    2. World Bank, 2011. "World Development Report 2011 [Rapport sur le développement dans le monde 2011 : Conflits, sécurité et développement - Abrégé]," World Bank Publications - Books, The World Bank Group, number 4389.
    3. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(4), pages 543-569.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Minimum wage; Islam; Malaysia;
    All these keywords.

    JEL classification:

    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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