A debate has recently emerged regarding the issue of raising Mexico’s minimum wage. Proponents call attention to the fact that the minimum wage is much lower than other countries in Latin America. Others fear an increase in the minimum wage would spark inflation and warn that this debate is used as a distraction from the real issue of increasing productivity.
Raising Mexico's minimum wage.
A debate has recently emerged regarding the issue of raising Mexico’s minimum wage. Proponents call attention to the fact that the minimum wage is much lower than other countries in Latin America. Others fear an increase in the minimum wage would spark inflation and warn that this debate is used as a distraction from the real issue of increasing productivity.
The Mexico Institute has created an infographic detailing both sides of the debate: True, minimum wage is low but there’s also a lot more to it.
The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute. Read more
