Monday, October 7, 2019

Trade and labour standards Thesis Example | Topics and Well Written Essays - 500 words

Trade and labour standards - Thesis Example Bringing about this issue within the framework of WTO would indicate the enhancement of working conditions around the world. The proposed working group would be responsible for studying the trade and core labour standards. Many developing as well as some developed countries however argue against this proposition because such core labour standards should technically not be a part of the WTO. Developing countries’ representatives argue that such policies might subjugate the comparative advantage of the lower wage in developing nations. In fact the improved working conditions according to the essential labour standards require high scale improvements in the infrastructure of the workplace which is often not conducive to a developing nation. In a developing nation with relatively lower economic growth such enforcements of standards would bring about poverty and some lapse of time in improving working standards. The compulsion to stick to the labour standards and the need towards l abour market flexibility work together to bring out protests and non-cooperative approach of the workers especially in nations where political structures favored some voice to the workers.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.