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Rapid trade liberalisation can exert profound effects on labour markets. Domestic firms, to sustain competitiveness for survival, could react by cutting labour benefits to achieve cost reductions. Alternatively, trade liberalisation may alter the industry composition of firms, changing the...
Persistent link: https://www.econbiz.de/10010953083
International migrant remittances can increase household budget and reduce liquidity constraint problems, generating consumption and investment opportunities for recipient households. In particular, remittances can enable investing in children's human capital and reduce child labour, key...
Persistent link: https://www.econbiz.de/10009224516