Banerjee, Abhijit Vinayak Professor of Economics, MIT
Mookherjee, Dilip Professor of Economics, Boston University
Bénabou, Roland Professor of Economics, Princeton University
Print publication date: 2006 (this edition)
Published to Oxford Scholarship Online: September 2006
Print ISBN-13: 978-0-19-530519-7







doi:10.1093/0195305191.003.0017

Kaushik Basu
Abstract: This essay attempts to show that seemingly reasonable policy interventions can easily backfire in the area of child labor. Thus, policy interventions cannot be left at the level of broad-brush statements but need to be crafted carefully. The general possibility of pathological reactions to policy interventions will be discussed, and one particular pathology will be spelled out in some detail because this is a problem that seems not to have been discussed in the literature, and also because it provides a generic illustration of the hazard of using standard instruments for curbing child labor.

Keywords: policy intervention, employment, government, fines, wages, punishment,

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PART I THE CAUSES OF POVERTY
PART II HOW SHOULD WE GO ABOUT FIGHTING POVERTY?
PART III NEW WAYS OF THINKING ABOUT POVERTY