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Over the last decade, a policy revolution has been underway in the developing and emerging world. Country after country is systematically providing non-contributory transfers to poor and vulnerable people, in order to protect them against economic shocks and to enable them to invest in...
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In the absence of developed financial markets, households appear to resort to child labor to cope with income variability. This evidence suggest that policies aimed at increasing households' access to credit could be effective in reducing child labor
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