The Republic of Korea should hold off on increasing the minimum wage for a year or so while it considers the effect of past hikes.

That’s the recommendation of the Organisation for Economic Co-operation and Development. Randall Jones, head of the OECD’s Japan and Korea desk, explained why at an event hosted by the Asian Development Bank Institute.

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About the speaker

Randall Jones is head of the Orgnisation for Economic Co-operation’s Japan and Korea desk

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