Taiwan and South Korea

Sweatshops in India and China: A Price For Development

by Abhijit Banerjee on January 2, 2010

in Future Growth & Global Transitions

Sweatshops have helped lay the groundwork for an economic realignment that is putting India and China back on their feet. Once they catch up with the rest of the developed world, it can be expected that working conditions in these countries will improve and higher wages will follow.

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