Portugal, a paid country? oh debate
The title theme deals with an issue that has been the subject of extensive debate in Portuguese society. Will a medium country be a low-price country, or, will a medium country be a low standard country? For this important, the following methodology will be adopted: firstly, the main statistical data related to the recent evolution of the minimum and average years in Portugal are indicated, secondly, the justifications for the fact that Portugal being considered a low country, it is the lowest (the lowest in the EU) and fourth lowest in the EU. So let’s see:
(A) The evolution of the minimum wage and the average wage in Portugal shows that it is at low levels, in particular, in comparison with the EU average. The reason is that, despite growing in value, both the minimum wage (more) and the average wage (less) did so at a very fast pace, often not even compensating for the pace of the economy (with a loss of purchasing power for workers). It is also disappointing that Portugal’s share of labor income in GDP (produced wealth) has dropped from 60% in the 1980s to 52% in 2019! As for the minimum wage, its value increased between 2015 and 2022 (E), from 505 euros to 705 euros, an increase of 40%. In turn, the number of workers who received the minimum wage rose from 12% in 2013 (400,000 people) to 25% in 2019 (900,000 people)! As for the average salary, its value rose between 2015 and 2022 (E), from 952 euros to 1048 euros, an increase of only 10%. Furthermore, between 2015 and 2020 (E), the value of the minimum wage as a % of the average wage went from 53.1% to 67.3%, indicating that the wage policy has been centered on the minimum wage, which has resulted in increase of the minimum above the salary, registering “dangerous” among the same approximate average salaries. In this way, a minimum, and average Portugal is a country that is one of the worst in the EU. In a high wage distortion, affecting, affecting, workers’ lives more, there is especially the middle class level). It is an economic situation by not creating conditions to retain their most aesthetic frames, a vital element for improving the productivity of economic growth. A situation that worsens that in 2019 serves almost half of Portuguese workers on account of others had at most or no year of schooling!
(B) What are the justifications for this negative macroeconomic scenario? And what can be done to reverse the situation? Confronting the theses of politics (D) and those of the right (D) as the cause of politicians’ inertia to taxes (IRC) and contributions (TSU) ) payments by companies. For (E) this argument does not hold, given that Portugal has a tax rate on companies below the EU average; (2) A (2) A (E) advocates a minimum wage employment policy either for reasons of social justice. The Portuguese reality refutes the central ideas of (D) of the non-existence of a salary as a minimum labor adjustment factor (considered as a minimum labor adjustment factor) and the containment of the average salary to avoid, thus, company rises. For (E), on the contrary, the weight of labor costs in production are much smaller than other associated costs, such as raw materials and energy. On the other hand, applied economic data and unemployment in Portugal, the increases in the minimum wage previously made were not followed by unemployment cons; (3) (D) is an advocate of total labor flexibility and employment contracts. On the contrary, (E) disagrees with this thesis considering that the free market has flaws and insertions, one of which deals with a propensity for standards and, therefore, affecting the economic and social development of the country. Thus, (what was public powerE) advocates, against collective organization at work, against collective organization at work, in favor of combating the patron, namely, from the public power of workers, namely, from a set of workers from the automatic expiry of collective agreements and the blocking of collective bargaining. The current union message is revealed by the percentage of unionized workers that dropped from 60.8% in 1978 to 1.3% in 2016; (4) A (D) induces the practice of deregulation and precariousness of work, with Portugal being one of the EU countries with the highest weight of precarious contracts. For (E) it is essential to promote the regulation of labor laws and the fight against precariousness; (5) A (D) assumes that wage increases happen only with increases in productivity and economic growth, taking a long-term view). However, (E) states that the country’s low productivity is based on the high weight of low added value (tourism, restaurants or real estate); (6) A (D), in general, coexists well with the existence of low minimum and average wages. In the opposite sense, E) thinks that the rise in ee is pertinacious, eliminating with this minimum, the higher salary distortion and the increase in the salary of high, medium emigration (.
In conclusion, while the political right (D) appeals to the minimal state, the political left (E) defends the fundamental intervention/regulator role of the state in society.