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Full-Text Articles in Economics
Could International Labor Rights Play A Role In U.S. Trade?, Christian E. Weller
Could International Labor Rights Play A Role In U.S. Trade?, Christian E. Weller
Christian Weller
During its last complete business cycle, from 2001 to 2007, the United States experienced unsustainably high trade deficits. Policymakers are considering a number of measures to avoid a recurrence of such large external imbalances. One such measure is the promotion of better labor rights around the world. Proponents argue that higher labor standards would boost U.S. exports by increasing income growth abroad and reduce U.S. imports by shrinking international price differences. Opponents of such a policy move argue that it is disguised protectionism that will impede trade and harm living standards in the United States and abroad. In this paper, …
[Review Of The Book International Labour Standards And Economic Interdependence], Gary S. Fields
[Review Of The Book International Labour Standards And Economic Interdependence], Gary S. Fields
Gary S Fields
[Excerpt] What can be done to raise the living standards of working people around the world? This collection of 29 essays focuses on an issue currently in the air: the setting of international labor standards. Although the writers come from every continent and represent employers, workers, government, and academia, virtually all favor international labor standards. One should perhaps not be too surprised by this agreement, given that the volume is published under the auspices of the International Institute for Labour Studies, a sister organization of the ILO. Things get interesting when the authors stop lamenting how tough conditions are for …
Trade And Labour Standards: A Review Of The Issues, Gary S. Fields
Trade And Labour Standards: A Review Of The Issues, Gary S. Fields
Gary S Fields
[Excerpt] This is a paper by a labour economist for trade specialists. It is written at a time of hope tempered by fear. On the trade side, the hope is that the new World Trade Organisation will stimulate a better trading environment for all countries. On the labour side, the hope is that labour standards can continually be improved for most if not all of the world's working people. But there are also fears. One fear is that these goals may be difficult to achieve simultaneously. Another is that they may be undone by various pressures, including issues left unresolved …
The Employment Problem In South Africa, Gary S. Fields
The Employment Problem In South Africa, Gary S. Fields
Gary S Fields
South Africa is experiencing a major employment problem that includes not only unemployment, but also low labour market earnings. In this article, Gary Fields discusses what can be done to alleviate South Africa's employment problem.
International Labor Standards And Decent Work: Perspectives From The Developing World, Gary S. Fields
International Labor Standards And Decent Work: Perspectives From The Developing World, Gary S. Fields
Gary S Fields
[Excerpt] It is a very positive development that the world community has now reached agreement on four core labor standards, described further below. The moral force of this agreement will help slow and possibly even reverse the infamous "race to the bottom"—for example, child labor in the carpet industries of India undermining Nepal's efforts to keep its carpet industry free of child labor (Hensman, 2000). Ironically, some of the loudest and most strident voices against international labor standards come from the poorest parts of the world. My thesis in this chapter is that while some of the arguments being voiced …