THE MONETIZED EFFLUVIUM
THE MONETIZED EFFLUVIUM With schools being closed for end of term, students and pupils are likely to be playing around, going for tuition and others traveling but that was not the case with Raymond Omondi and his friends. Raymond spends his free time at Kenya's biggest dumpsite, the Dandora dumpsite foraging through the garbage in the hopes of yielding financial rewards for his family. The number of children in child labor has risen to 160 million worldwide – an increase of 8.4 million children in the last four years – with millions more at risk due to the impacts of COVID-19, according to a new report by the International Labor Organization (ILO) and UNICEF. Georgio,2005 developed a model to explore the interaction between technological innovation and investment in human capital and child labor. The model indicates that child labor is either attributed to companies' reluctance to innovate, households' unwillingness to educate or both. Moreover, it suggests that