Can Labor Standards Improve under Globalization?

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English

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Elliott (Institute for International Economics) and Freeman (economics, Harvard U.) argue that increased global trade, in combination with stronger labor standards, are complementary ways to contribute to economic growth and improving living standards in less developed countries (LDCs). The proffer an economic analysis whereby consumer pressures in importing countries leads to more attention to labor standards in exporting countries. They suggest that labor standards could be enforced by voluntary corporate codes of conduct, LDC implemented standards, and/or an increased role for the International Labor Organization. Annotation (c) Book News, Inc., Portland, OR (booknews.com)

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