Bonded Labour or What Else? A Case Study in Tamil Nadu, India
Augendra Bhukuth,
Jerome Ballet and
Nicolas Sirven ()
Additional contact information
Nicolas Sirven: UPD5 - Université Paris Descartes - Paris 5
Post-Print from HAL
Abstract:
Debt bondage is the focus of an international struggle for its abolition. Yet the literature finds that, in certain circumstances, the credit-for-work contracts behind debt bondage are mutually beneficial to both employer and employee. We take on an empirical study in south India to assess whether choosing credit, which can raise a risk of dependence on the lender and therefore a risk of debt bondage, is a choice made to prevent other forms of risk, especially financial risk and the risk of violence. We find this to be the case in our study. From a policy point of view, the abolition of debt bondage in these circumstances could drive up the very same forms of risk against which households seek to guard. In this context, providing alternatives employment solutions to rural workers is a priority. Copyright © 2016 John Wiley & Sons, Ltd.
Keywords: labor; India; financial system; debt; debt bondage; financial risk; informal credit market; Tamil Nadu; violence (search for similar items in EconPapers)
Date: 2018-07
References: Add references at CitEc
Citations:
Published in Journal of International Development, 2018, 30 (5), pp.745-759. ⟨10.1002/jid.3261⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Journal Article: Bonded Labour or What Else? A Case Study in Tamil Nadu, India (2018) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02480822
DOI: 10.1002/jid.3261
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().