New PDF release: A Fair Globalization: Creating Opportunities For All

By World Commission on the Social Dimension of Globalization

ISBN-10: 9221154262

ISBN-13: 9789221154266

This can be a groundbreaking record urging that development a good and inclusive globalization develop into a global precedence. Calling for an "urgent reconsider" of present regulations and associations of worldwide governance, the document makes an attempt to damage the present deadlock through targeting the worries and aspirations of individuals and at the how you can larger harness the possibility of globalization itself. This document used to be compiled by means of the realm fee at the Social Dimensions of Globalization, co-chaired through the Presidents of Finland and Tanzania, and whose contributors comprise a Nobel Economics Laureate, parliamentarians, social and financial specialists and representatives of industrial and multinational organizations, geared up labour, academia and civil society. This generally consultant staff has positioned forth, via this document, the 1st systematic try and take care of social dimensions of globalization. between its prescriptions for reaching a good and inclusive globalization, the record proposes a chain of coordinated measures throughout a extensive entrance to enhance governance and responsibility at either nationwide and foreign degrees. those contain fairer principles for overseas alternate, funding, finance and migration, which take account of all pursuits, rights and tasks; measures to advertise middle labour criteria and a minimal point of social defense within the international economic system; and new efforts to mobilize foreign assets to elevate functions and meet the Millennium improvement ambitions (MDGs).

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Additional info for A Fair Globalization: Creating Opportunities For All

Example text

A more liberal regime was also necessary to cope with the growing movement of people across national borders. Trafficking of women and children constituted one of the grossest abuses of human rights and required concerted action. Latin America and the Caribbean 97. The Latin American dialogues occurred at a time of crisis in the region as the economic problems of Argentina spilled over to its neighbours. Consequently, many were quite sceptical of the benefits of increased global trade and interaction.

The dialogue in Russia underscored the opportunities and challenges of globalization: increased investment flows, expanded export markets, and new possibilities to achieve higher growth and better standards of living. However, many adjustments were still needed, and a just distribution of both the costs and benefits of reform was important. The social costs of Russia’s accession to the WTO had to be minimized, and there was need for improvement and enforcement of labour legislation, greater employment generation and reform of the educational system.

Governments had the overall responsibility to ensure that agreed rules were respected. But excessive regulatory zeal was undesirable when markets could correct many disturbances automatically. ” The importance of respect for values was underlined. Progressive business is strongly committed to voluntary social responsibility. Good corporate citizenship was increasingly important for business development. Predictable rules and agreed framework of values 119. Yet the dialogue the Commission had with the World Economic Forum at Davos revealed that business confidence had been undermined by corporate scandals.

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A Fair Globalization: Creating Opportunities For All by World Commission on the Social Dimension of Globalization


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