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Social Contracts Principles, Child Labor and International Trade: An Economic Analysis

Directory : Faculty : Intellectual Contributions

Intellectual Contribution by Mahmood Hussain

Contribution Title

Social Contracts Principles, Child Labor and International Trade: An Economic Analysis

Publication

International Journal of Business Research

Co-author

Year

2005

Description

This paper accomplishes two objectives. First it invokes the principles of Integrated Social Contracts Theory (ICST) in the context of child labor and compares the desirability of tariff and subsidy, aimed at curbing child labor. Second, using real-life data it carries out a computational analysis to compare the suitability of these instruments. It finds that tariffs are welfare worsening for working children, whereas transfers from the developed countries, which is supported by the ISCT, does not only reduces child labor but also improves their welfare.

Complete Citation

Hussain, Mahmood (2005)."Social Contracts Principles, Child Labor and International Trade: An Economic Analysis," International Journal of Business Research, Vol. II, No. 1.

Website

See Faculty: Mahmood Hussain

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