Economics of Child Labour in the Era of Globalization

Sarbajit Chaudhuri is Professor with the Department of Economics, University of Calcutta, Kolkata, India. He received his PhD in 1995 from the Jadavpur University, Kolkata, working under the supervision of Professor Manash Ranjan Gupta. He has published more than 75 research papers in journals of international repute, such as Journal of Development Economics, Economica, International Review of Economics and Finance, Metroeconomica, Review of International Economics, Review of Development Economics, Economic Modelling, Research in Economics, Japan and the World Economy, Pacific Economic Review, The Japanese Economic Review, The Manchester School, Bulletin of Economic Research, Journal of International Trade and Economic Development, Review of Urban and Regional Development Studies and The Economics of Transition, among others. He has also authored books titled Foreign Direct Investment in Developing Countries: A Theoretical Evaluation (2014), Revisiting the Informal Sector: A General Equilibrium Approach (2010) and Some Aspects of Agricultural Credit in a Developing Economy (2004). He has served on the editorial boards of many journals. For his work, he was made an honorary member of the Canadian Economic Association in 2006. His areas of interest include development economics, international trade, labour economics, agricultural economics and applied microeconomics.Jayanta Kumar Dwibedi is Associate Professor of Economics at Brahmananda Keshab Chandra College, Kolkata, India. He obtained his PhD from the University of Calcutta, India, in 2008, working under the supervision of Professor Sarbajit Chaudhuri. With his specialization in trade and development and labour economics, he has published a number of research articles in many renowned international and national journals such as International Review of Economics and Finance, The Manchester School, Bulletin of Economic Research, Research in Economics, Review of Development Economics and Economic and Political Weekly. His current research interests include development economics, labour economics and issues related to public finance and public policy. Recently, he has completed two collaborative studies (with CTRPFP, CSSSC) for the Central Finance Commission, India, and the State Finance Commission of West Bengal, India.

• Foreword Preface1 A survey of literature on child labour 2 Derivation of supply functions of child labour from household behaviour 3 Trade sanction and child labour 4 Why do composite policies sometimes fail? 5 Is the reduction of poverty a necessity? 6 Agricultural dualism, subsidy policies and child labour 7 Child labour, human capital formation and the possibility of failure of incentive-based schemes 8 Economic growth and domestic child labour 9 Policy implications of results and sketching the future path of research on child labour Index