Minimum wage

Estonia To Catch Up Income Level like in Scandinavia in next 9-14 years

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Last year I red an excellent article pointing out that income level in Estonia could reach level its in Scandinavia in next 10-15 years. Although this article made me smile, I decided to compare - is…


Minimum Wages in European Union 2014

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The minimum wage is set by the government as the minimum standard of guaranteed income (hourly/monthly) that a worker should receive for the work he/she performs. In 2014, there were 22 countries out…


Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014

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It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in…


How many beers you can buy in Europe for minimum wage?

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I like charts and graphics, who doesn't? Well Reddit user Adilu, has created a map of how many beers you can buy in Europe for a minimum wage:According to map - most beers you will get in Belgium =…


Minimum Wages in the Former Soviet Union: A Look at 2013

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The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic…


Minimum Wages in Central Asia: A Look at the Region's Low Wage Rates

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Central Asia is a region that consists of five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The region has a diverse economy, with industries ranging from agriculture…


Minimum wage in Baltic states

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Minimum wages in the Baltic states are the lowest ones in the European Union. In 2013 minimum wage in Baltic states was $427 in Estonia, $379 in Latvia and $385 in Lithuania. Update: …