Child labour and social exclusion - A trade-theoretic analysis
By: Hazari, Bharat and Mohan, Vijay
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Material type: 
BookPublisher: Economic & Political Weekly Description: 56(1), 02 Jan, 2021: p.49-56.
In:
Economic & Political WeeklySummary: A four-good, four-factor general equilibrium trade-theoretic model is utilised that incorporates social exclusion, consumption disaggregation and child labour. In this framework, trickle-down economics fails and under very plausible conditions, socially excluded families and their children are impoverished by capital accumulation. Policies such as a ban on child labour have differential effects on the economy. Specifically, a ban on child labour in the traded goods sector necessarily improves the welfare of the socially excluded families and their children. However, a ban on child labour in the non-traded goods sector has ambiguous implications for the welfare of the excluded group. Thus, this paper highlights the importance of disaggregation and social exclusion for policymaking. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 56(1), 02 Jan, 2021: p.49-56 | Available | AR125390 |
A four-good, four-factor general equilibrium trade-theoretic model is utilised that incorporates social exclusion, consumption disaggregation and child labour. In this framework, trickle-down economics fails and under very plausible conditions, socially excluded families and their children are impoverished by capital accumulation. Policies such as a ban on child labour have differential effects on the economy. Specifically, a ban on child labour in the traded goods sector necessarily improves the welfare of the socially excluded families and their children. However, a ban on child labour in the non-traded goods sector has ambiguous implications for the welfare of the excluded group. Thus, this paper highlights the importance of disaggregation and social exclusion for policymaking. – Reproduced
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