Financial Globalisation and Child Wellbeing

Valpy FitzGerald

QEH Working Papers from Queen Elizabeth House, University of Oxford

Abstract: This paper addresses the relationship between financial crises associated with foreign capital flows on the one hand and the wellbeing of children in emerging market countries on the other. The literature on child welfare in crises suggests that the level of employment and labour incomes are the key linkage, because these constitute the major component of the incomes of poor families and affect the division of labour within the household upon which child welfare depends. A simple analytical model of labour markets illustrates the linkage between corporate sector contraction under financial crisis and the incomes of the poor in the urban informal and rural sectors. This insight leads to recommendations for the reconsideration of capital controls and exchange rate management in merging markets as means of employment stabilisation (in the spirit of the original Bretton Woods objectives) and thus child wellbeing.

New Economics Papers: this item is included in nep-afr and nep-ifn
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://workingpapers.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps77.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to workingpapers.qeh.ox.ac.uk:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)

Related works:
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:qeh:qehwps:qehwps77

Access Statistics for this paper

More papers in QEH Working Papers from Queen Elizabeth House, University of Oxford Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by IT Support ().