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Books > Business & Economics > Economics > Labour economics
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Trade, Reputation, and Child Labor in Twentieth-Century Egypt (Hardcover, Illustrated Ed)
Loot Price: R1,497
Discovery Miles 14 970
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Trade, Reputation, and Child Labor in Twentieth-Century Egypt (Hardcover, Illustrated Ed)
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The conventional wisdom that political and economic actors in
colonial countries are passive and reactive is undermined by
Goldberg's close examination of the decisions and calculations of
leading political and economic actors. Goldberg shows how critical
decisions affecting Egypt's integration into the world economy were
based on clear understandings of what policies were most likely to
advance the interests of leading interest groups, with results that
continue to bedevil Egypt's political economy today. Drawing on
core concepts in political economy, Goldberg focuses on how
Egyptian cotton growers decided to invest in the development of
product reputation, developed institutions to protect that
reputation, and engaged in coalition politics to protect their
interests. The result was a heavy reliance on child labour and thus
the failure to provide education and skills necessary for economic
development, undermining subsequent attempts to industrialize Egypt
and move it away from the production of primary goods. This is a
tale of paradoxes and unintended consequences of rational action.
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