The paper reexamines the conventional results relating to inflow of foreign capital, removal of protectionism and structural reform programmes, in a small open economy in terms of a two-sector general equilibrium model with an informal sector. The paper shows that in the presence of labour...

The paper purports to examine the implications of a free education policy and trade liberalization on the child and adult labor markets in the set-up of a Harris-Todaro type general equilibrium model. It has been found that a hike in the education subsidy or inflow of foreign capital may produce...

The paper builds up a Harris-Todaro type general equilibrium model to examine the implications of a free education policy and liberalized trade policies on the child labour market. It shows that an increase in the subsidy on education and/or inflow of foreign capital may produce...