Abstract
Abstract The article centres on the role of differential labour standards in the restructuring of the global economy. The denial of labour rights in Asia is a significant factor in the Asian investment boom and in the employment crises in the OECD countries. The first section outlines the Clinton administration's intervention on labour standards in Asia, the strident reaction from Asian governments and from US business interests, and the administration's rapid retreat into ‘constructive engagement’. The second section considers neo‐liberal arguments advanced in favour of nonintervention in the labour sphere since the freeing up of trade and market forces generates economic growth, which in itself improves labour standards. The assumptions underlying this model are critiqued. Finally, alternatives that recognize the significant influence of labour standards on global investment flows are identified. Here it is argued that the emergence of independent unionism in Asia could have a significant effect on the ...
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