Child Labor in the Global Economy

Child labor is a symptom of poverty, low income and poor institutions are driving forces behind the prevalence of child labor worldwide and development is the best overall cure for child labor.
Most working children live in low-income countries, child labor as economic activities are deleterious to the well-being of children. Children participate in activities that can be harmful or beneficial for the child, depending on the circumstances of the activity, and ultimately, the impact of child labor on the well-being of the child depends on the counterfactual of what the child would be doing in the absence of work.…