On October 6th, 2017, LIBER 2017, the 35th international book fair, closed in Madrid at IFEMA – Feria de Madrid expo centre. Over 450 companies from 11 countries (Argentina, Belgium, China, France, Germany, India, Italy, Mexico, Russia, Spain and the USA) presented their products at the event.
One of the chapters in Springer’s newly released academic volume Transforming Education is co-authored by IOE education innovation researcher Diana Koroleva. Entitled Coup D’etat in the Panopticon: Social Networking in Education, the paper has been inspired by a series of seminars in philosophy Diana was attending on her doctoral track at the IOE Graduate School of Education.
Springer, one of the world's leading publishers of scientific literature, has launched a new book series, entitled ‘Societies and political orders in transition’. The series has been initiated by the HSE Faculty of Social Sciences, and three HSE representatives are members of the series International Advisory Board, with the other four members coming from universities in Germany, UK and the USA.
The paper examines the institute of minimum wage in developed and transition economies and in a number of the developing countries. First of all the institutional mechanism of minimum wage fixing is considered. One of the sections explores the dynamics of absolute and relative levels of minimum wage. The special attention is paid to the impact of the institute of minimum wage on the labour market. The author considers the mechanism of transmission of the minimum wage increases on the employment and unemployment dynamics. The paper also contains the result of the empirical research. The experience of many countries witnesses that large increases in minimum wage levels lead to the stagnation of the employ-ment, especially of the disadvantaged groups. The negative effect is larger for the companies with higher share of labour costs and more active use of unqualified labour, that is small businesses and agricultural enterprises. One of the main conclusions is that the minimum wage is not an effective tool of the poverty reduction as the majority of the recipients live in households of average and upper average income.