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Economic Consequences of Child Labour - PDF

   

Added on  2020-10-22

31 Pages10044 Words309 Views
DissertationThe Economic Consequences of Child Labour inIndia, Bangladesh and Afghanistan

ACKNOWLEDGMENTI certify that the assignment submission is entirely my own work and I fully understand &comply with the co consequences of plagiarism. I understand that making a false declaration is aform of malpractice.By completing this assignment I am sincerely gratitude to my professors and supervisors.I would like top thanks to my parents, classmates and teachers to support me in the class andmaking me understand each point relating to the topic. With the help of them became able tocomplete this project. Student signature Date:

EXECUTIVE SUMMARYChild labour is one of the major issues that is still faced by many of the developing andunder developed countries around the world. Directly or indirectly the income generation fromthe children contributes to a big section to the gross domestic product of the different nations.This dissertation is made on the existences of child labour in three nations specifically India,Afghanistan and Bangladesh. In this dissertation the economic consequence on the economies ofthree different nations has been determined with the parameters of various macroeconomicsfactors. The research aim is toidentify the economic consequences of child labour in context ofIndia, Bangladesh and Afghanistan. The study has taken a deductive approach on the basis ofwhich this paper is structured. The literature review consisted the views and opinion of differentauthors and scholarly writes form the secondary sources. The child labour is typically means theemployment of children in any manual work with without payment. For the present researchstudy the conclusive research design is selected in order to develop a hypothesis and test over theresearch topic of analysing the economic consequences and quantitative method of research typeis selected. For the present research project intrepretism research philosophy has been selectedto determine the actual position of child labour. For the present study secondary data has beentaken and only from the sites of UNICEF are considered to take the data on child labour in India,Bangladesh and Afghanistan. In research study the data over child labours, GDP changes havebeen collected and same have been interpreted by the use of statistical tool of correlation.The data is used for analysing the information which is gathered through the differentsources. It assists in identifying the in depth information regarding the research. Correlation andregressions used in this dissertation through which the relationship between the two variables isidentified. There are two relation which are indicated by correlation which is negative andpositive relation. Data is used to identify the relationship between the child labour and the GDPto identify the impact of child labour on the GDP growth rate. There is a significant relationshipbetween GDP and Child labour of Afghanistan. There is a negative relation between GDP andChild labour of Bangladesh. There is a positive relation between GDP and Child labour of India.The findings which are being provided from the data analysis provided information about thepercentage of the child labour and the growth in GDP. The correlation analysis shown that thereis negative relationship between the variables which means there is no significant relationshipbetween the variables. The finding for the research include the income inequality and the child

labour which has provided information that In India the children compete with the unskilledlabour for the same jobs due to which the child labour affect adult employment. It isrecommended that the counties in order to reduce the child labour should provide education tothe children to provide them knowledge and have better employment opportunities at the agespecified for being employed.

Table of ContentsINTRODUCTION...........................................................................................................................3LITERATURE REVIEW................................................................................................................5RESEARCH AIM.........................................................................................................................12DESIGN AND METHODOLOGIES............................................................................................13DATA ANALYSIS .......................................................................................................................17FINDINGS AND DISCUSSION...................................................................................................23RECOMMENDATION ................................................................................................................25CONCLUSION..............................................................................................................................26REFERENCES..............................................................................................................................28

ABSTRACTThis dissertation will include the information regarding child labor. The child labourexisting in a nation affects the economy in certain specific ways. In this dissertation theeconomic consequence on the economies of three different nations has been determined with theparameters of various macroeconomics factors.These affects the national growth anddevelopments in the area of inflation in the child labour, GDP, and income disparity. Thechildren are huge which are involved in employment. Moreover, it has provided informationregarding the research methods which are being used for conducting this research in order toanalyse the information. In this research Quantitative method of research type is being used inorder to analyse the information collected from the secondary sources. The secondary data hasbeen collected from the UNICEF in order to gather the information related to Child labour formIndia, Afghanistan and Bangladesh.

Topic: The economic consequences of Child Labour a study on India, Bangladesh andAfghanistanINTRODUCTIONBackground:The economy of a nation is operated through two of the major factors including financialand human resources. A level of equilibrium must be maintained to ensure the growth anddevelopment of the national economy. A slight disparity have severe implications over thenational developments and economic growth. The human resource effecting a county's economyis the working and the non working force. The people engaged in serving the purpose ofeconomy are the adult and old age generation who are engaged under employees or are selfwring and their earnings and employment rate defines the development level and growingposition of countries. But developing nation faces a challenge of young people engaged in thelabour services who are under the age of 18 and this is termed as child labour. The child labourexisting in a nation affects the economy in certain specific ways. This includes increase in theincome generation through a child of a by his/her family, rise in the labour supply while reducingthe wages of adult workers and expanding in the working time of children.The economic of child labour includes the demand and supply relations as, the demandand supply of the labour at the national level, the demands and supply of the labour at firms andenterprise level; and the demand of labour in the family. These factors along with the politicaleconomy of child labour plays a big part in determining the level of child labour in a country. Anation's economy gets affected by the child labour in the ways as in the national wealth theincidences of child work and proportion of the children's work force is not determined. Thismeans that with increase the national earning the incomes generated by the mass of child labourcan not be justifies in the growth and enhancement of the wealth of a country.In this dissertation the economic consequence on the economies of three different nationshas been determined with the parameters of various macroeconomics factors.These affects thenational growth and developments in the area of inflation in the child labour, GDP, and incomedisparity. In this has taken al this factors and have reviews all on how this prove to be economicconsequences for the economy's of India, Bangladesh and Afghanistan. The dissertation willhave a literature review over the above mentioned macroeconomics factors, with collection ofthe secondary data on the same.

The study has taken a deductive approach on the basis of which this paper is structured.With taking the evidences from the research aims and objective the research hypothesis isdeveloped with extracting the theme for presenting the literature reviews. With collection of allthe data and considered the research methodology signification out comes will be pulled out andpresented as the finding of this research. The findings are discussed and linked to the data andinformation of this study to draw an effective conclusion. In the lase section of the researchrecommendation are provided for the imprecation of the research and further research on childlabour and its economic consequences. The facts of existence of this practice is not a new onethis is a continuing path from the centuries and for India this is not a new concept and issue tofight over to attain a good economic position in the world. But along with India many othernations also faces national issue of child labour and it is a global phenomenon. Afghan is one ofthe nation in the worlds which faces extreme level of poverty and the family drives manychildren to hazardous labour. Afghanistan remains one of the poorest countries in the world.

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