The Right to Employment: Extending the Core Labour Standards and Trade Debate

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The Right to Employment: Extending the Core Labour Standards and Trade Debate

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Sean Turnell () (Department of Economics, Macquarie University)

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Sean Turnell

Abstract

Full employment is a necessary prerequisite before the gains from international trade can be specified. Yet the assumption of full employment is seldom acknowledged by economists when advancing policy advice, and nor is it made clear in the policy infrastructure of such bodies as the WTO. The purpose of this paper is to examine the importance of the assumption of full employment to the case for free trade. Arguing that the right to employment is a human right, the paper concludes that it is also a precondition for the successful creation of a rule-based trading order, and the economic basis for global stability and prosperity.

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Paper provided by Macquarie University, Department of Economics in its series Research Papers with number 0101.

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Length: 13 pages.
Date of creation: Mar 2001
Date of revision:
Handle: RePEc:mac:wpaper:0101

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Postal: Sydney NSW 2109
Web page: http://www.econ.mq.edu.au/
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Find related papers by JEL classification:
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Kriesler, P. & Halevi, J., 1995. "Asia, Japan and the Internationalization of Effective Demand," Papers 95/44, New South Wales - School of Economics.
Sean Turnell, 2001. "Core Labour Standards and the WTO," Research Papers 0103, Macquarie University, Department of Economics. [Downloadable!]

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