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Published by: Asia Case Research Centre, The University of Hong Kong
Published in: 2008
Length: 14 pages
Data source: Published sources

Abstract

Unlike most developed economies around the world, Hong Kong did not have a minimum wage law to protect workers'' livelihoods. Attempts by the Legislative Council to motion for legislation governing minimum wage and standard working hours had ultimately been unsuccessful. A major reason was considerable opposition from the business community, which feared that deviating from a purely market-dictated wage regime would hurt Hong Kong''s position as the world''s freest economy and aggravate unemployment. In late 2006, the Hong Kong government launched the Wage Protection Movement, a programme designed to protect the wage level of cleaning workers and security guards through voluntary and non-legislative means. It was, however, met with vicious attacks from members of the Legislative Council who advocated a minimum wage, accusing the government of not heeding the plight of low-income earners and instead allowing the issue to drag on without legislation. This case is about economics and business, introducing the topics of minimum wage legislation, Hong Kong''s unique economic situation and the probable effects of a minimum wage on the world''s freest economy.
Location:
Other setting(s):
2004-2007

About

Abstract

Unlike most developed economies around the world, Hong Kong did not have a minimum wage law to protect workers'' livelihoods. Attempts by the Legislative Council to motion for legislation governing minimum wage and standard working hours had ultimately been unsuccessful. A major reason was considerable opposition from the business community, which feared that deviating from a purely market-dictated wage regime would hurt Hong Kong''s position as the world''s freest economy and aggravate unemployment. In late 2006, the Hong Kong government launched the Wage Protection Movement, a programme designed to protect the wage level of cleaning workers and security guards through voluntary and non-legislative means. It was, however, met with vicious attacks from members of the Legislative Council who advocated a minimum wage, accusing the government of not heeding the plight of low-income earners and instead allowing the issue to drag on without legislation. This case is about economics and business, introducing the topics of minimum wage legislation, Hong Kong''s unique economic situation and the probable effects of a minimum wage on the world''s freest economy.

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Location:
Other setting(s):
2004-2007

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