Tags
emerging markets, Mexico, NAFTA, North American Free Frade Agreement, OECD, Organization for Economic Cooperation and Development, Those Stubborn Facts, Trade, wages
Median Real Monthly Earnings Growth of Workers in Developing Country Members of the OECD, 2000 & 2015
China: 15.3%* 6.9%
India: 5.7%*** 1.0% (a)
Russia 0.9% -9.5%
Turkey (d) 1.7% 5.6%
South Africa* 1.2% 2.2%
Brazil: -1.3% 2.7%
Indonesia: 9.8%** -0.4%
Saudi Arabia (b) 6.1% 5.2% (c)
Mexico: 6.9% 0.5%
*2001 figure
**2002 figure
***2007 figure
(a) 2012 figure
(b) 2010 figure
(c) 2015 figure
(d) 2004 figure
(Source: “Wage growth by region – ILO modeled estimates, Dec. 2016,” International Labor Organization. Link to ILO Global Wage Database available at “Data collection on wages and income,” International Labor Organization, http://www.ilo.org/travail/areasofwork/wages-and-income/WCMS_142568/lang—en/index.htm. HT to “The U.S.-Mexico Wage Gap Is Actually Widening Under NAFTA,” by Eric Martin and Nacha Cattan, Bloomberg.com, https://www.bloomberg.com/news/articles/2017-11-28/nafta-s-ugly-reality-u-s-mexico-wage-gap-is-actually-widening)
