What is the impact of wage increase on developing economy.

Asked Jul 26, 2010
When you consider there are hundreds of developing countries with many degrees of socialization and taxation in their governments, different ratios of import to exports and different monetary systems, you would have to analyze each country separately to answer that question. To say increasing wages will always have the same impact would be grossly misleading.
Answered Jul 26, 2010
Edited Jul 26, 2010

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