International Trade and Labor Standards

This insightful book discusses how trade policies can be reformed to support labor standards in developing countries, enhancing their economic stability.

In International Trade and Labor Standards, authors Christian Barry and Sanjay G. Reddy explore the complex relationship between labor standards and international trade policies, particularly in the context of developing nations. They address the fears that progressive governments in poorer countries face when considering measures to enhance real wages and working conditions. These governments worry that rising labor costs could lead wealthier nations to shift their investments and imports elsewhere, thereby undermining their economic stability.

The authors propose a reformed trading system that would not only support but actively reward efforts to promote labor standards in poorer countries. By creating linkages between trade opportunities and labor standards, Barry and Reddy argue that these nations could pursue policies that serve their people's interests without the fear of economic repercussions. This approach aims to empower poorer countries, granting them greater sovereignty and the ability to improve living conditions for their disadvantaged populations.

International Trade and Labor Standards is accessible to a broad audience, drawing on sophisticated economic and philosophical arguments. The book includes insights from prominent labor activists and economists, making it a valuable resource for discussions on global justice and trade reform. Barry and Reddy's work exemplifies the potential for a fairer international trading system that prioritizes the well-being of all people, regardless of their economic status.