Publication:
Targeting Child Labor in Debt Bondage : Evidence, Theory, and Policy Implications

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creativeworkseries.issn1564-698X
dc.contributor.authorBasu, Arnab K.
dc.contributor.authorChau, Nancy H.
dc.date.accessioned2014-02-26T17:47:30Z
dc.date.available2014-02-26T17:47:30Z
dc.date.issued2003-05
dc.description.abstractDespite recent multilateral efforts to single out child labor in debt bondage as one of the worst forms of child labor, several important questions have yet to be addressed: How pervasive is the phenomenon? Are there systematic correlations between the incidence of children in debt bondage and the economic, legislative, and financial development indicators of the economy? How does an understanding of these correlates affect the way national and international policy measures aimed at targeting this form of child labor are perceived? This article addresses each of these questions. The empirical findings suggest strong correlation between the likelihood of the incidence of child labor in debt bondage with the stage of development of an economy, the stage of financial development, and enforcement of core labor rights. Building on this evidence, the article presents a theoretical model that highlights the drawbacks and merits of a number of policies aimed at putting checks on child labor in debt bondage.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/05/17742203/targeting-child-labor-debt-bondage-evidence-theory-policy-implications
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/17175
dc.identifier.urihttps://hdl.handle.net/10986/17175
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectABSENCE OF CREDIT
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO FORMAL CREDIT
dc.subjectACCOUNT
dc.subjectACCOUNTING
dc.subjectAGRARIAN REFORMS
dc.subjectAGRICULTURAL ECONOMICS
dc.subjectALTERNATIVE CREDIT
dc.subjectBANKS
dc.subjectBENEFICIARIES
dc.subjectBONDED LABOR
dc.subjectBORROWING
dc.subjectBUDGET CONSTRAINTS
dc.subjectCHECKS
dc.subjectCHILD LABOR
dc.subjectCHILD LABOUR
dc.subjectCONSUMPTION SMOOTHING
dc.subjectCORE LABOR STANDARDS
dc.subjectCOST OF LOANS
dc.subjectCREDIT ACCESS
dc.subjectCREDIT AGENCIES
dc.subjectCREDIT AGENCY
dc.subjectCREDIT INCREASES
dc.subjectCREDIT MARKET
dc.subjectCREDIT MARKETS
dc.subjectCREDIT POLICY
dc.subjectCREDIT PROGRAM
dc.subjectCREDIT RATIONING
dc.subjectCREDIT SOURCE
dc.subjectCREDIT SOURCES
dc.subjectDEBT
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT REPAYMENT
dc.subjectDEBT REPAYMENTS
dc.subjectDEBTOR
dc.subjectDEBTS
dc.subjectDEMAND FOR CREDIT
dc.subjectDEMOCRACY
dc.subjectDEPOSIT
dc.subjectDEPOSIT MONEY BANKS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDISPOSABLE INCOME
dc.subjectDUMMY VARIABLES
dc.subjectEARNINGS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CHARACTERISTICS
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectEMPLOYERS
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEXPENDITURES
dc.subjectEXPLOITATION
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SYSTEMS
dc.subjectFORCED LABOUR
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHAZARDOUS LABOR
dc.subjectHOUSEHOLD DEBT
dc.subjectHOUSEHOLD DEBTS
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SAVINGS
dc.subjectHOUSEHOLD WELFARE
dc.subjectHUMAN RIGHTS
dc.subjectID
dc.subjectIMPLICIT INTEREST
dc.subjectINCIDENCE OF DEBT
dc.subjectINCOME
dc.subjectINCOME LEVEL
dc.subjectINCOME SHOCKS
dc.subjectINCOME VARIABILITY
dc.subjectINDEBTED HOUSEHOLDS
dc.subjectINEQUALITY
dc.subjectINFORMAL CREDIT
dc.subjectINSURANCE
dc.subjectINSURANCE MARKETS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL LABOR STANDARDS
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR LAWS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR STANDARD
dc.subjectLABOR SUPPLY
dc.subjectLABORERS
dc.subjectLACK OF ACCESS
dc.subjectLAWS
dc.subjectLEGISLATION
dc.subjectLIQUIDATION
dc.subjectLOAN
dc.subjectLOAN PAYMENTS
dc.subjectLOAN REPAYMENT
dc.subjectMACROECONOMIC VARIABLES
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET RETURNS
dc.subjectMONEYLENDERS
dc.subjectOPPORTUNITY COST
dc.subjectOUTSTANDING DEBT
dc.subjectOUTSTANDING DEBTS
dc.subjectOUTSTANDING LOANS
dc.subjectPARTICIPATION CONSTRAINT
dc.subjectPOLITICAL ECONOMY
dc.subjectPRINCIPAL-AGENT PROBLEM
dc.subjectPRINCIPAL-AGENT RELATIONSHIP
dc.subjectPRIVATE CREDIT
dc.subjectPRODUCTIVITY
dc.subjectREAL INCOME
dc.subjectRISK OF DEFAULT
dc.subjectRURAL LABOR
dc.subjectSAVINGS
dc.subjectSLAVERY
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESS LOANS
dc.subjectSOCIAL EXCLUSION
dc.subjectSOURCE OF CREDIT
dc.subjectSOURCES OF CREDIT
dc.subjectSOURCES OF CREDITS
dc.subjectSPOT MARKET
dc.subjectTRADE LAWS
dc.subjectUNION
dc.subjectUNIONS
dc.subjectUSURY
dc.subjectWAGES
dc.titleTargeting Child Labor in Debt Bondage : Evidence, Theory, and Policy Implicationsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2013-05-22
okr.date.doiregistration2025-05-06T11:28:22.767746Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2003/05/17742203/targeting-child-labor-debt-bondage-evidence-theory-policy-implications
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeFinance and Markets
okr.guid964301468149965902
okr.identifier.doi10.1093/wber/lhg020
okr.identifier.externaldocumentum000445729_20130522123240
okr.identifier.internaldocumentum17742203
okr.identifier.report77411
okr.journal.nbpages255-281
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/22/000445729_20130522123240/Rendered/PDF/774110JRN020030argeting0Child0Labor.pdfen
okr.peerreviewAcademic Peer Review
okr.topicUrban Development::Street Children
okr.topicSocial Protections and Labor::Labor Policies
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume17(2)
relation.isJournalIssueOfPublicationafb0950d-b217-41b1-b8fa-46a80a640c9e
relation.isJournalIssueOfPublication.latestForDiscoveryafb0950d-b217-41b1-b8fa-46a80a640c9e
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublicationa55c2a67-3e0a-4c40-8bd9-55d5bea7fd0c
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