@article{CRSIJ26000261,
                  author = {Christopher Chika Agbo, Oseloka Nwabunike Theophilious},
                  title = {Managing remuneration disparities between advanced and developing economies: a study of Nigeria and United Kingdom},
                  journal = {Cosmo Research and Science International Journal},
                  year = {2025},
                  volume = {2},
                  number = {1},
                  pages = {314-321},
                  issn = {3108-1584},
                  url = {https://cosmorsij.com/published/CRSIJ26000261.pdf},
                  abstract = {Remuneration disparities between advanced and developing economies is a long age problematic issue and remain a persistent challenge in global labour markets. This article examines wage structures in Nigeria and the United Kingdom, highlighting the economic, institutional, and socio political drivers of inequality. Using a comparative case study approach, the paper explores productivity gaps, governance structures, labour market institutions, and currency valuation as key determinants of remuneration differences. Findings reveal that while the UK benefits from strong old institutional frameworks and wage regulation, Nigeria struggles with weak enforcement, inflationary pressures, and informal labour practices. The study argues that managing disparities requires coordinated policy interventions, including labour law reforms, bilateral migration agreements, and international cooperation under International Labour Organization (ILO) conventions. Recommendations emphasize strengthening Nigerian institutions, stabilizing currency, and leveraging technology for wage transparency. The article contributes to debates on global wage inequality and offers practical pathways for harmonizing remuneration across diverse economies.},
                  keywords = {Wage disparities. Nigeria, United Kingdom. Minimum wage reforms. Collective bargaining. Brain drain. Globalization. Labour market. Institutions},
                  month = {July}
        }