Aug 12, 2004
Many analysts of international trade decry the concept of a 'social clause' as an attempt by rich developed countries to protect jobs and dominate markets by stipulating minimum labour standards. However, little attention is given to competition between developing countries to gain access to markets in richer countries, which is equally detrimental to labour standards. In the absence of a common set of minimum labour standards, destructive competition deprives workers of the benefits of economic growth.
































