Create a 2 page essay paper that discusses Point/counterpoint.There should be certain standards in terms of minimum and maximum age criteria. Whereas, in any case, minimum age on behalf of hiring a pa

Create a 2 page essay paper that discusses Point/counterpoint.

There should be certain standards in terms of minimum and maximum age criteria. Whereas, in any case, minimum age on behalf of hiring a particular employee for a labor related work also needs to be the part of hiring policy of the MNC.

According to the research paper by Sarna, R. Visiting Researcher. The Japan Institute for Labour Policy and Training, Tokyo, Japan. The impact of core labour standards on Foreign Direct Investment in East Asia.

The prevalence of child labour increases the supply of unskilled labour, resulting in low labour costs and thus increasing comparative advantage of a country in the unskilled manufacturing sector. Labour costs could be also kept low by discriminating against children and paying them less compared to adults. This is the main logic behind how ban on child labour can affect FDI inflows. Even if foreign firms are not directly involved in hiring child labour, their supply chains or associates could be involved in it.

This is suggesting that the due to high influence of child labor in manufacturing related industry, now we can have continuous supply of unskilled labour. A labor which doesn’t have required skills to perform a particular task or job, especially in the manufacturing related sector. That is the reason, why most of the MNCs prefer to have skilled labor, which can contribute to the success of the company.

To my opinion, an MNC can easily create employment opportunities for needy children. If the working conditions are feasible and suitable environment can be provided to the child labor, then there shouldn’t be any issue to have child labor in such facilities. In South-Asian countries, we have seen plenty of child labor, especially in manufacturing industries. Thus there is a plus point for having child labor in the aspects of the MNCs. they can have labor on cheaper rates as compared to what they have to pay to the skilled labor. However, FDI encourage the child labor, especially in