Global Business Standard Codex and Child Labour in a Global Economy

Question: Explore Using three principles of the Global Business Standard Codex, evaluate the use of child labour in a global economy. Answer: Introduction This paper talk about the several aspects of the child labour. It is successfully spelled out the use of child labour in the perspective of the principle of the global business standard codex. The aim is to evaluate the use of child labour in global economy. Indeed, the child labour is called as work that harmful children and keeps them from attending school. It refers to work with that it is physically, mentally and socially harmful to children and depriving them to attend school. Further, the three global business standard condex principle includes dignity, fairness and citizen. The dignity principle refers to respect for the individual right to safety health, learning developing, association expression and employment security. The principle of fairness refers to fair process, fair treatment, fair dealing and fair competition within business dealing. The principle of citizenship refers to the behavior fo abiding by the law and regulations by the authorities and civic contributio n. (Heineman, 2008). The use of child labor in the global economy is described below: Useful in industry growth: An approximately 60 percent child labor works in the agriculture industry. Children have been found the harvesting cut flowers in Colombia, bananas in Ecuador, oranges in Brazil, tea in Argentian and Bangladesh and cocoa in the Ivory Coast. Approximately 6.9 percent children works in domestic sector. Around 14 percents children are involved in manufacturing goods such as soccer balls sewn in Pakistan, carpet from India, glass made in China and fireworks in China. Most of children, especially girls work in domestic service. Sometimes they started work in 5 or 6 age that is linked to child trafficking. The few young people work in Hotels, restaurants and retail sector industry. It is an essential factor of the child labor that useful in the global economic. Industry growth of the country is necessary for the child labor growth and development. (International labor organization, 2016). Useful in living of standard: It is an useful factor that useful in child labor that has a positive impact on the global economy. Child labor is the income source of family that raise the living of standard that would be positive for the global economy. Improvement in family income by child labor work in four ways. First, higher income helps to buy substitute from market for child labor. Second, the child labor productivity in other activities might improve to pay school fees, textbooks and uniforms. Third, the family can use marginal utility of income that generate by child labor. Fourth, income improves the family choose options when they bought something from markets due to child labor work. Dignity principle of the global business standard helps to improve the living of standard that useful for the child labor economy growth in the worldwide. (Jennifer, Dickson, 2012). Generate family income: Child labor works as the part time or full time that would be beneficial for the family economic conditions. It will raise the global economy due to the extra income of the family. So, the family living of standards will be raise that would be beneficial for the country growth and development. Child labor works in a different industry that would raise the industrial growth due to their positive contribution of it. Citizenship principle of the global business helps to survive in the competitive market. It represents the civic contribution in the nations that would impact on the family income of the nations. (Hindman, 2014). Culture perspective: Due to culture perspective in European countries, people prefers job in young age to become independent. So, it is popular in the European nations. Cultural beliefs that it encouraged people to do work in young age. The children tradition that it follows their parents footsteps. Cultures education of girls is less valued that doesnt expect schooling and put into child labor such as the domestic services. It raises the culture that would be beneficial for the organization growth and development. It is depicted that different culture has a different opinion that affected the global economy of the nations. Citizen principle of the business standard that refer behavior of the culture. So, it is useful in the global economy. Citizen principle helps to raise the culture of the country that would be healthy for the global economic growth. (Kolk, Van Tulder, 2002). Education reform: It is the useful factor of the child labor that impact on the global economy. It provides education reform through school in factories. Therefore, a few hours a day, the children can learn basic skills of education along with stop working in some hours. It is a significant way to improve the global economy in the nations. So, NGOs are providing school in factories that would raise the children knowledge about the working environment. Further, education is used as an instrument for social change. These children deserve the opportunity to reduce the poverty and vehicle for achieving goals. Dignity principle of the global business helps to the learning new thing that would be beneficial for the global economic growth and development. It provides positive expression to raise the education reform in the global economy. Education reform is the necessary part for the global economic growth and development. So, they should focus on the economy survival in the competitive ma rket. Further, education reform handled by the principle of citizenship business standard condex that is necessary to follow the rules and regulations of it. Citizenship business standard determine that how to follow the education rules in the country that would be beneficial for the student and economy growth of the specific country. (Edmonds, Pavcnik, 2005). Conclusion From the above analysis, concluded that clear use of industry growth, living of standard, generate family income, the culture perspective and education reform as well as high ability to adopt the new approach in Child labor helps to maintain its competitive position in the global economy. Child labor is contributing the global economy to make stable in the recession period. Dignity, fairness and citizen global business standard principle is beneficial to evaluate the child labor utility in the global economy. References Edmonds, E., V., Pavcnik, N., (2005). Child labor in the global economy. 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