Journal of Economic Literature

Book Reviews

2026-09-01

Miguel N. Foguel of Instituto de Pesquisa Economica Aplicada reviews “Minimum Wages and Social Policy: Lessons from Developing Countries” by Wendy V. Cunningham,. The EconLit Abstract of the reviewed work begins “Systematically explores the minimum wage as a policy tool for decreasing poverty and redressing social inequities in the developing country context. Discusses context and framework; minimum wage institutions in Latin America and the Caribbean--what are they and who earns them; the worker--how minimum wages affect other wages and employment; the households--the minimum wage as an antipoverty tool; the state--the minimum wage implications for public expenditures; and the international community--lessons from their experiences. Index.”

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DOI https://doi.org/10.1257/jel.46.3.718.r12