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Towards a Fair Global Labour Market: Avoiding a New Slave Trade

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Overview

This book answers the question of how to maintain effective labour regulation as the market for labour moves towards globalization. This issue is addressed from legal, economic, social and cultural perspectives. The authors consider the effects of free trade and investment, with and without labour standards, on employment, competitiveness, wages and working conditions in the global economy. Deriving and analysing policy options, they seek ways in which principles of labour regulation can operate at an international level. The work concludes with a call for a rule-based global trading system in which core labour standards play a significant part.
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Product Details

Table of Contents

List of tables
Preface
Acknowledgements
Pt. I The emerging global labour market 1
1 The emerging global labour market: myth or reality? 3
2 The new global assembly line: winners and losers 40
3 Regulating the global labour market: the effectiveness of the ILO and the WTO 70
Pt. II International regulation of goods, services and labour: from soft law to hard law 83
4 Rationales for labour market regulation 85
5 Converging objectives: regulating international trade and the global labour market 106
Pt. III Fairness in the global labour market: trade-offs and joint gains 123
6 Static analysis of the role of labour standards in national competitiveness 125
7 Dynamic factors affecting the role of labour standards in national competitiveness 148
8 Cultural relativism and human rights: the debate over labour standards and 'Asian values' 170
Pt. IV Conclusions 195
9 Towards a rule-based global labour market 197
Glossary 220
References 222
Index 233
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