Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child marriage is not only critical from a development perspective but it also has important economic implications.
This paper is the first to quantify the relationship between child marriage and economic growth. Applying a simultaneous equations model, the analysis shows that eliminating child marriage would significantly improve economic growth—if child marriage were ended today, long-term annual per capita real GDP growth in emerging and developing countries would increase by 1.05 percentage points.
The results also provide insights on policy prioritization in developing comprehensive strategies to end child marriage. For example, the strong interdependent relationship between education and child marriage suggests that education policies and the budgets that support them should place greater emphasis on reducing child marriage.
This is the first in a series of four reports. This report includes the ranking of asset managers, and analysis of their performance on stewardship, transparency and governance. The following three parts of this series, to be released in the coming ...Read More
Slavery is a complex phenomenon and a pervasivescar on humanity. The control of another person, theexploitation of their body and labour, and the removalof their rights, is a degradation of all concerned. It isall too easy to see this as a problem o...Read More
Asia Floor Wage Alliance (AFWA), an Asian labour-led global labour and social alliance, has been monitoring the impact of the COVID-19 pandemic on workers in garment-producing countries through ground reports from AFWA partners and allies in Cambodi...Read More
It is estimated that 13 million workers are employed in the formal forestry sector while another 41 million workers are employed in the informal forestry sector. Much of this work takes place in remote areas where there is a lack of regulatory overs...Read More
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