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Whether a liberalizing developing economy should implement the entire WTO-prescribed package, and to what extent this is expedient, are two important questions, especially because the available empirical evidence suggests that developing countries have been facing substantial adjustment costs in...
Persistent link: https://www.econbiz.de/10005505226
This paper highlights the implication of consumerism on the incidence of child in a developing economy using a two-sector general equilibrium model. It finds that although consumerism raises incomes of the poor households and decreases the earning opportunities of the children, this is not...
Persistent link: https://www.econbiz.de/10005260267
The paper purports to examine the implications of a free education policy and trade liberalization on the child and adult labour markets in the set-up of a Harris-Todaro type general equilibrium model. It has been found that a hike in the education subsidy or inflow of foreign capital may...
Persistent link: https://www.econbiz.de/10005408357
We provide a theoretical explanation why agricultural subsidy policies are likely to fail to ensure simultaneous eradication of the incidence of child labour and improvement in the well-being of the poor working families in terms of a three-sector general equilibrium model with child labour and...
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