CESD’s Labor Market Reform Working Paper No. 1/2016 identifies three focus areas for policy makers to ensure an effective implementation of the recent minimum wage system, namely:
- ensuring that businesses comply with the new minimum wage law and government agencies enforce the law;
- monitoring and measuring the impacts of the minimum wage policy on different variables, including formal jobs, informal employment, wage levels, wage distribution, poverty, and social welfare;
- ongoing reviews and adjustments to the minimum wage system, to ensure it remains relevant and appropriate under changing economic and social conditions.