International framework agreements and fundamental social rights (Paperback)
In an era of economic globalisation, the declining regulatory role of governments competing for investment and the rising power of multinational enterprises are leading to a race to the bottom in the area of fundamental social rights. This issue needs to be redressed. It is essential to promote fundamental social rights, at both national and international level, in order to give economic globalisation a more human face. At present, the advancement of social rights is mainly in the hands of the International Labour Organisation, the Organisation for Economic Cooperation and Development and the United Nations, which provide minimum labour standards that focus on governments and enterprises. Due to a lack of political will to develop legally binding agreements that directly address multinational enterprises, the implementation and recognition of fundamental social principles and standards throughout global supply chains are based mainly on soft law. In practice, social rights are largely
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