This paper provides some empirical evidence on issues raised by the global anti-sweatshop movement. We first consider the relationship between wage and employment growth, finding no consistent trade-off between them. We then measure the share of labor costs in the production of garments in the...

Over recent decades, there has been the substantial rise in the proportion of people engaged in what is termed informal employment, generating a broad trend toward "informalization" of labor market conditions in developing countries, even when economic growth is proceeding. We consider the...

Human Development Index (HDI) is a country-level measure of social welfare based on national values for average life expectancy, rates of adult literacy and school enrollment, and gross domestic product (GDP) per capita. Since HDI is based entirely on national averages it can provide only...

This paper develops an international index of child welfare that can be used for comparisons across countries and over time. Values of this index for the year 1998 are presented for 118 countries. The paper is organized as follows. Sections 2 briefly discusses the importance of child welfare...

Does it matter for domestic investment whether a country’s financial system is bank based or stock-market based? This paper posits that financial intermediation affects domestic investment notably by alleviating financing constraints, allowing firms to increase investment in response to...