%0 Journal Article %T An Analysis of Sex Trade and Microfinance for Rehabilitation of the Commercial Sex Workers %A M Selvaraj %A Navin Kumar Jha %J Sherub Doeme : The Research Journal of Sherubtse College %D 2012 %I %X The Commercial Sexual Exploitation of Children (CSEC) has increasingly become an issue of global magnitude attracting major global concern. Worldwide, estimated one million children (mainly girls) enter the multi-million dollar commercial sex trade every year. According to UNICEF Executive Director Carol Bellamy, ¡°Millions of children throughout the world are being bought and sold like chattel and used as sex slaves¡±. Since the 20th century, demand in the world market is rising. In this new world market, countries like Thailand and Philippines facilitate by developing agents having disregarded the development of women¡¯s opportunities for economic independence, leaving prostitution as the highest paying job available to many of the women of Southeast Asia. Uneven development and institutionalized greed of the society leads to integration of economies and social formations, which is to be considered for the success of most of the trade in the dynamic world. Trade in human beings for sex industry work and the continued trafficking of women and children is a major human rights violation and also a serious health issue. The population explosions, the obstinacy of governments in eradicating the trade, and the unimpressive efforts by international agencies all relate to the sex trade¡¯s inextricable situation in international economic growth and particularly in South Asian Countries. On one side, the economic development expands the markets, wealth and standard of living in the society but on the other side, it creates great poverty and lost opportunities for those on the border-side. In the midst of government, International human rights efforts, NGOs involvement and allegations between nations, the larger issues often get hidden. This study focuses on the causes of the extensive trade in South Asian women for sex slavery and importance of microfinance for their rehabilitations. %U http://jr.sherubtse.edu.bt/index.php/sherub/article/view/8