World Bank recommends fewer regulations protecting workers

Unions alarmed by suggestion that deep structural reforms are required to adjust to changing nature of work
The World Bank is proposing lower minimum wages and greater hiring and firing powers for employers as part of a wide-ranging deregulation of labour markets deemed necessary to prepare countries for the changing nature of work.A working draft of the bank’s flagship World Development Report – which will urge policy action from governments when it comes out in the autumn – s