Can International Income Transfers Reduce the Use of Child Labour?

This article shows how a policy of income transfer, such as remittance payments from a high-income country, can reduce child labour, a target for the UN Sustainable Development Goals, by turning the terms of trade in favour of the transfer-receiving country. This is a novel policy measure because it utilises an existing international economic event, known as income transfer, without imposing a significant financial burden on national governments. This reduces inequities in the global labour market without creating economic and non-economic turmoil resulting from policies involving bans or other alternatives to bans.