SWA #16

1. Basu, Kaushik andVan, Pham Hoang. "The Economics of Child Labor." The American Economic Review." Vol 88, June 1998

The authors argue that although children laborers work in the worst conditions, they are vital to the economy. They point out that over 80 million of the worlds workforce was children twenty years ago. They say that the seemingly easiest way to prevent this from happening is to outright banish it. However, the situation is more complicated than that and the result could be counterproductive. The solution is continued regulation and slow eradication of child labor.

2. Kolk, Ans & van Tuldere, Rob. "Child Labor and Multinational Conduct: A Comparison of International Business andStakeholder Codes." Journal of business ethics."  
Volume 36 Number 3 pages 291-301, 2002.

This paper deals with the ways that different institutions deal with child labor. These institutions include, NGO's, Governments, and corporations to name a few. The paper analyzes 55 codes created by these sources to regulate child labor. These codes mandate minimum-age and wage requirement's along with monitoring parties. In addition, they create a set of sanctions that are imposed if the regulations are violated. This paper explores how some of these regulations are counterproductive. The authors provide suggestions and solution for future research.