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Honduras

Should developing countries increase their minimum wages? Guest post by Andrés Ham

In the closing scene of Christopher Nolan’s The Dark Knight, Police Commissioner Gordon tells his son that Batman is “the hero Gotham deserves but not the one it needs right now” (video). This quote provides an interesting policy analogy with minimum wage increases. The benefits of raising minimum wages are something we believe workers deserve: better pay. Unfortunately, the costs tend to involve higher unemployment, which no country needs right now.
 

Poverty Reduction: Sorting Through the Hype

Berk Ozler's picture
After seeing PowerPoint slides of the preliminary findings over the course of more than a year, it’s nice to be able to report that the six-country study that is evaluating the “ultra-poor graduation” approach (originally associated with BRAC) is finally out.