Child Trade-Off Theory: A Theoretical Discussion on the Structure, Causes, Consequences and Eradication of Child Labor

Ghulam Abid, Binish Khan, Zeeshan Rafiq and Alia Ahmed
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Ghulam Abid: PhD Scholar, National College of Business Administration & Economics
Binish Khan: PhD Scholar, National College of Business Administration & Economics
Zeeshan Rafiq: MPhil, National College of Business Administration & Economics
Alia Ahmed: Assistant Professor, National College of Business Administration & Economics

Bulletin of Business and Economics (BBE), 2015, vol. 4, issue 1, 24-34

Abstract: Children are the future of our dreams and guarantee of their prosperity and success but they are exploited in the form of child labor. Child labor is the employment of children those are too young to work forwages in field jobs that are unsuitable or unsafe for them. It is a fact that, child labour has become a burden for every economy. Even though child labour is considered illegal in most societies and it is still a serious problem in a large number of nations. There are a number of factors which give rise to child labor. These include poverty, illiteracy, job opportunities, family provision and dis-satisfaction from education structure. By conducting an extensive literature review, this paper attempts to highlight all the major causes of child labor and their consequences. Furthermore this paper explores and postulates the Child Trade-off theory which discusses the tradeoff between education of children and child labor. This paper also discusses factors which may play crux in the eradication of this problem.

Keywords: Child Labor; Schooling; Causes; Consequences and Eradications (search for similar items in EconPapers)
Date: 2015
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