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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
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Core Labour Standards and International Trade - Lessons from the Regional Context (Hardcover, 2015 ed.)
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Core Labour Standards and International Trade - Lessons from the Regional Context (Hardcover, 2015 ed.)
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This book examines the labour standards provisions in a number of
Regional and Bilateral Trade Agreements, and assesses the potential
of using the relevant clauses in these trade agreements as a
benchmark for a multilateral approach. Based on the lessons learned
from the Regional model, the book proposes a Global Labour and
Trade Framework Agreement (GLTFA) combined with a joint ILO/WTO
enforcement mechanism to resolve the contentious issue of the link
between the CLS and international trade. The history of the linkage
between the Core Labour Standards (CLS) and international trade
dates back roughly 150 years, and has recently become one of the
most vexing issues facing policy-makers. At the heart of the debate
is the question whether or not trade sanctions should be imposed on
countries that do not respect the CLS as embodied in multilateral
conventions administered by the International Labour Organization
(ILO). Concretely, this would entail inserting a social clause in
the World Trade Organization (WTO) rules, and would trigger the
imposition of sanctions on those countries that do not adhere to
the CLS.
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