Economics @ ITT

International Wages – Bengladesh

Posted in economics, employment, International Economics, Trade by ittecon on February 21, 2010

The legal minimum wage in Bangladesh is just 12 cents an hour for helpers and 25 to 32 cents for junior and senior sewing operators.  [Nonetheless, ] at least half the factories in Bangladesh violate the legal minimum wage.  Unions are still outlawed in the free trade zones. (May 2008)

If the American retailers paid only 25 cents more per garment, the total in Bangladesh would be $898 million- more than eight times current US aid.

http://www.nlcnet.org

Advertisements
Tagged with: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: