Summary #538

How much would you pay to eliminate child labor from your cocoa?

eurekalert.org
  • Even when the laws in Ghana prohibit child labor, children in this country need to work on cocoa plantations in order to survive the conditions of extreme poverty.
  • In addition, because of the need to work, children abandon the possibility of acquiring a formal education.
  • In this regard, an economic study suggests that to eliminate child labor in cocoa plantations in Ghana it is necessary to increase the price of cocoa by 2.8%.
  • Based on this study, the authors propose that cocoa producers receive a compensation premium of 11.81% to eliminate child labor.

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