6 and 7 part 2

6 and 7 part 2 - Latin American and Asian trade agreements...

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•The Organization of Economic Cooperation and Development(OECD) •Focus is broader than that of the ILO •Coordinates economic policy to address globalization issues through the promotion of economic, environmental, and social policy among its members •World Bank and International Monetary Fund (IMF) •Research on the relation between trade policy reform and labor markets (wages, unemployment, etc.) •Protection of “social safety nets” during structural reforms of economies •World Trade Organization (WTO) •Replaced General Agreement on Tariffs and Trade (GATT) •Defers to ILO for pursuit of global labor standards •European Union (EU) •Social Charter sets out 12 principles of workers’ fundamental rights •Established the European Social Fund to promote worker mobility •Adoption of employment standards prevents locating of MNE in pursuit “softer” employment standards •North American Free Trade Agreement (NAFTA) •North American Agreement on Labor Cooperation (NAALC) •Bilateral agreements linking liberalization of trade and labor standards
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Unformatted text preview: Latin American and Asian trade agreements A number of trade treaties have been organized and signed among countries in Latin America and Asia Mercosur/Mercosul (e.g., Argentina) The Andean Community (e.g., Bolivia) The Association of South-East Asian Nations (ASEAN) (e.g., Cambodia) Asia-Pacific Economic Cooperation (APEC) (e.g., Australia) North American Free Trade Agreement (NAFTA) North American Agreement on Labor Cooperation (NAALC) Bilateral agreements linking liberalization of trade and labor standards Latin American and Asian trade agreements A number of trade treaties have been organized and signed among countries in Latin America and Asia Mercosur/Mercosul (e.g., Argentina) The Andean Community (e.g., Bolivia) The Association of South-East Asian Nations (ASEAN) (e.g., Cambodia) Asia-Pacific Economic Cooperation (APEC) (e.g., Australia)...
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6 and 7 part 2 - Latin American and Asian trade agreements...

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