REVALUATION OF MINIMUM WAGES IN MEXICO AND ITS FINANCIAL IMPACT ON ORGANIZATIONS AND PRIMARILY ON SMEs

Autores

  • José G. Vargas-Hernández Research Professor University center for Economic and Managerial Sciences University of Guadalajara Periférico Norte 799 Edificio G-202, Núcleo Los Belenes CUCEA Zapopan, Jalisco C.P. 45100; México http://orcid.org/0000-0003-0938-4197
  • Rafael Casas-Cardenaz Instituto Tecnológico de Lázaro Cárdenas Lázaro Cárdenas, Michoacán México
  • Rebeca Almanza Gutiérrez Instituto tecnológico de Lázaro Cárdenas Lázaro Cárdenas, Michoacán México

DOI:

https://doi.org/10.17648/sinergia-2236-7608-v23n2-8654

Palavras-chave:

National index of consumer prices, inflation, purchasing power, SMEs and minimum wage.

Resumo

The development of this work is aimed at emphasizing the devaluation suffered by the general minimum wage in Mexico, highlighting the need for its revaluation as a response to the economic marginalization of vulnerable sectors and regions with greater lag in the country, as well as a to stop the deterioration of the wage-earners' living standards mainly, taking into account the demands of nations with respect to the new Agreement between the United States, Mexico and Canada (USMCA). However, its recovery must be planned through a gradual process that allows the progressive adaptation with respect to its economic impact. For this, a qualitative and quantitative analysis was carried out, describing its deterioration, the loss of purchasing power, proposing a restitution scheme in a period of six years to avoid affecting financially organizations and SMEs mainly. Keywords: National index of consumer prices, inflation, purchasing power, SMEs and minimum wage. JEL: E21, E24, E31.

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Biografia do Autor

José G. Vargas-Hernández, Research Professor University center for Economic and Managerial Sciences University of Guadalajara Periférico Norte 799 Edificio G-202, Núcleo Los Belenes CUCEA Zapopan, Jalisco C.P. 45100; México

Research professor

Rafael Casas-Cardenaz, Instituto Tecnológico de Lázaro Cárdenas Lázaro Cárdenas, Michoacán México

Research professor

Rebeca Almanza Gutiérrez, Instituto tecnológico de Lázaro Cárdenas Lázaro Cárdenas, Michoacán México

Research professor

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Publicado

2019-08-06

Como Citar

Vargas-Hernández, J. G., Casas-Cardenaz, R., & Almanza Gutiérrez, R. (2019). REVALUATION OF MINIMUM WAGES IN MEXICO AND ITS FINANCIAL IMPACT ON ORGANIZATIONS AND PRIMARILY ON SMEs. SINERGIA - Revista Do Instituto De Ciências Econômicas, Administrativas E Contábeis, 23(2), 9–20. https://doi.org/10.17648/sinergia-2236-7608-v23n2-8654