International Labor Standards: History, Theory, and Policy Options / Edition 1

International Labor Standards: History, Theory, and Policy Options / Edition 1

by Kaushik Basu
     
 

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ISBN-10: 1405105550

ISBN-13: 9781405105552

Pub. Date: 03/28/2003

Publisher: Wiley

This book addresses the controversial call for international labor standards, seeking to productively further this debate by considering the economic implications and history of these standards. A result of an initiative by Professor Kaushik Basu in his capacity as member of the Expert Group of Development Issues (EGDI) sponsored by the Swedish Foreign Ministry, the

Overview

This book addresses the controversial call for international labor standards, seeking to productively further this debate by considering the economic implications and history of these standards. A result of an initiative by Professor Kaushik Basu in his capacity as member of the Expert Group of Development Issues (EGDI) sponsored by the Swedish Foreign Ministry, the contributions are based on discussions at a seminar held in Stockholm in August 2001. Compiling the best research in the field, this book provides a solid basis for policy decisions, while also serving as a challenging text for students in trade, development, and labor economics.

Product Details

ISBN-13:
9781405105552
Publisher:
Wiley
Publication date:
03/28/2003
Pages:
360
Product dimensions:
6.20(w) x 9.34(h) x 1.30(d)

Related Subjects

Table of Contents

List of Tables and Figuresix
List of Acronymsxi
List of Contributorsxii
Part IIntroduction1
Part IIThe Evolution of Labor Standards7
Chapter 1.The History and Political Economy of International Labor Standards9
Introduction9
Categories of Labor Standards10
The Sources of Agitation for Improved Labor Standards11
Morals and Economics: Long-standing Arguments23
Control and Enforcement30
Patterns of Labor Standards Evolution31
Early Examples of Legislation36
The Types of Legislation39
The Impact of Labor Standards60
Early International Agreements60
The International Labor Organization66
Final Remarks68
Appendix 1Labor Standards in the Scandinavian Nations69
Commentary 1.1.The Parallels Between the Past and the Present84
The Parallels Between the Past and the Present84
The Macroeconomics of Child Labor88
The Microeconomics of Child Labor92
Labor Standards and Social Policy93
Conclusion94
AppendixNussbaum's List95
Commentary 1.2.Legislation Versus Bargaining Power: The Evolution of Scandinavian Labor Standards99
Part IIIThe Theory of International Labor Standards105
Chapter 2.The Impact of International Labor Standards: A Survey of Economic Theory107
Introduction107
Delineating Labor Standards110
Labor Markets and Labor Standards116
Labor Standards in the Global Economy135
Who Decides and How?144
What Happens to the Poor?156
Conclusion165
Appendix 1Basic Competitive Model166
Appendix 2167
Appendix 3Monopsony170
Commentary 2.1.Old Wine in New Bottles?182
Commentary 2.2.Governing Labor Relations187
Incomplete Contracts and Workers' Rights188
Working Conditions189
Conclusion190
Part IVThe Issue Of Child Labor193
Chapter 3.Child Labor: Theory, Evidence, and Policy195
Introduction195
Theories of Child Labor: Models of Household Decisions196
Empirical Evidence on the Determinants of Child Labor201
Traditional Policies Targeting Child Labor and Education218
Recent Policy Initiatives Addressing Child Labor225
Child Labor Standards Initiatives in the International Arena237
Conclusions241
Commentary 3.1.The Political Economy of Child Labor248
Conclusion254
Commentary 3.2.Social Norms, Coordination, and Policy Issues in the Fight Against Child Labor256
The Role of Social Norms256
A Comment on Policy267
Concluding Remarks267
Part VThe International Organization and Enforcement of Labor Standards271
Chapter 4.A Role for the WTO273
Introduction273
Identifying the Problems276
The Institutional Features of the WTO and the ILO281
The Assignment of Problems to Institutions290
The Role of the WTO in Preventing Race-to-the-bottom/Regulatory-chill Problems292
The Role of the WTO in Enforcing ILO Agreements298
Evaluating the Options302
Summary and Conclusion304
Commentary 4.1.Trade and Labor Standards: To Link or Not to Link?309
Commentary 4.2.The Need to Micro-Manage Regulatory Diversity314
The Argument in Staiger's Study314
The Argument in this Commentary314
The Function of the WTO Contract in a Nutshell315
The Limits of the Current WTO Contract320
Index326

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