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A Fair Globalization   
A Fair Globalization
Creating Opportunities for All
WORLD COMMISSION ON THE SOCIAL DIMENSION OF GLOBALIZATION
Published in India by 
Academic Foundation, New Delhi 
under arrangement with
International Labour Office, Geneva.
 
Paper Back Book     :   Pages : 168 + 22
2006  Edition         :   ISBN - 81-7188-496-2
Price : Rs. 795.00
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ABOUT THE BOOK :

Excerpts from the Preface:

"We believe the dominant perspective on globalization must shift more from a narrow preoccupation with markets to a broader preoccupation with people. Globalization must be brought from the high pedestal of corporate board rooms and cabinet meetings to meet the needs of people in the communities in which they live. The social dimension of globalization is about jobs, health and education – but it goes far beyond these. It is the dimension of globalization which people experience in their daily life and work: the totality of their aspirations for democratic participation and material prosperity. A better globalization is the key to a better and secure life for people everywhere in the 21st century.

"We also propose a process by which such a perspective can be realized at all levels, beginning with empowered local communities and improved and more accountable national governance; fair global rules applied fairly; and global institutions that are more pro-people.

"We propose a series of actions....

"Is there a trade-off between treating employees well and succeeding in business ? Many employers assume that treating employees well means higher labour costs and lower profits. But a number of companies have found that they can do well by their employees and also succeed in business. The aim of this book is to explain how."

TARJA HALONEN
President of the Republic of Finland; Co-Chair

BENJAMIN WILLIAM MKAPA
President of the United Republic of Tanzania; Co-Chair


ABOUT THE INTERNATIONAL LABOUR ORGANISATION :

The International Labour Organization was founded in 1919 to promote social justice and, thereby, to contribute to universal and lasting peace. Its tripartite structure is unique among agencies affiliated to the United Nations; the ILO's Governing Body includes representatives of government, and of employers' and workers' organizations. These three constituencies are active participants in regional and other meetings sponsored by the ILO, as well as in the International Labour Conference — a world forum which meets annually to discuss social and labour questions.

Over the years the ILO has issued for adoption by member States a widely respected code of international labour Conventions and Recommendations on freedom of association, employment, social policy, conditions of work, social security, industrial relations and labour administration, among others.

The ILO provides expert advice and technical assistance to member States through a network of offices and multidisciplinary teams in over 40 countries. This assistance takes the form of labour rights and industrial relations counselling, employment promotion, training in small business development, project management, advice on social security, workplace safety and working conditions, the compiling and dissemination of labour statistics, and workers' education.


CONTENTS IN DETAIL :

Part I: Globalization for people: A vision for change

Where do we stand today?

Where do we want to go?

How do we get there?

A stronger ethical framework

Towards a global community: Strengthening dialogue and governance

Part II: Globalization and its impact

II.1 Views and perceptions

Common ground

Africa

Arab world

Asia

Latin America and the Caribbean

Transition countries of Europe and Central Asia

Western Europe and North America

Business, labour and civil society

II.2 Globalization: Its nature and impact

Introduction

Key characteristics of globalization

Trade

Foreign Direct Investment

Financial flows

Technology

Inter-relationships

The policy environment

The institutional context

The multilateral trading system

Global production systems

The global financial system

The impact of globalization

Primary concerns

The impact on economic growth

Uneven impact across countries

The impact of trade, investment and financial liberalization

Employment, inequality and poverty

The impact on people

Wider effects

Part III: The governance of globalization

Introduction

III.1 Beginning at home

National capabilities and policies

Governance

Economic liberalization and the State

Strengthening economic capabilities

The informal economy

Enabling and empowering people – through education

Work and employment

Sustainable development and resource productivity

Empowering the local level

Local government

The local economic base

Local values and cultural heritages

Regional integration as a stepping stone

The experience of regional integration

The social dimension of regional integration

Globalizing regions

III.2 The reform of global governance

III.2.1 Analytical framework

Globalization and governance

Major deficiencies in contemporary global governance

Unbalanced outcomes

III.2.2 Fair rules

Introduction

The space for national development

Multilateral rules for trade

Rules for global production systems

Reform of the financial architecture

Labour in the global economy

Core labour standards

The cross-border movement of people

III.2.3 Better international policies

Introduction

Resources for global goals

Official development assistance

Debt relief

New public financial resources at the international level

Private capital flows to low-income countries

Achieving key goals

Education, skills and technological capacity

Adjustment, security and social protection

Making decent work a global goal

Coordinated macroeconomic policies for full employment

Promoting decent work in global production systems

Policy coherence for decent work

Integrating economic and social goals

III.2.4 More accountable institutions

Strengthening the multilateral system

Democratic representation in governing councils

Increasing accountability

Increasing resources

Nation States

Parliaments

Business

Corporate governance

Corporate Social Responsibility (CSR)

Organized labour

Social dialogue in global production systems

Civil society

Communications and media

Networked governance

Part IV: Mobilizing action for change

Introduction

Follow-up at the national level

The multilateral system

Achieving policy coherence

Better policy development

Research support

Better monitoring and measurement

More systematic research programmes

Institutional support

Annex 1: Guide to proposals and recommendations

Annex 2: The World Commission: Background and composition

Annex 3: Commission meetings, consultations and research

Index

Figures

  1. Trade and net FDI inflows as percentage of GDP, 1970-2001

  2. Average unweighted tariff rates by region, 1980-1998 (in per cent)

  3. Distribution of developing countries’ manufactures exports, total for 1990s (in per cent)

  4. Inflows of Foreign Direct Investment, developing countries 1985-2002 (in US$ billions)

  5. National regulatory changes towards FDI, 1991-2000

  6. Distribution of FDI inflows to developing countries, total for 1990s (in per cent)

  7. Outstanding international bonds, 1982-2002 (all developing countries, US$ billions)

  8. Estimates of Internet access, 1997-2002 (millions of Internet users)

  9. Cost and volume of international telephone calls from the US, 1960-2000 (cost in constant 1995 US$ per 3 minutes, peak rate)

  10. World GDP per capita growth, 1961-2003 (annual change in per cent)

  11. GDP per capita in the poorest and the richest countries, 1960-62 and 2000-02 (in constant 1995 US$, simple averages)

  12. Average company tax rates in the EU and OECD, 1996-2003 (in per cent)

  13. Open unemployment rates for various regions of the world, 1990-2002 (in per cent)

  14. Pre- and post-crisis unemployment in selected Latin American and Asian countries (in per cent)

  15. Non-agricultural self-employment, 1980-89 and 1990-2000 (in per cent of total non-agricultural employment)

  16. Ratio of the 10 per cent highest paid over the 10 per cent lowest paid workers, mid-1980s and mid-1990s

  17. Share of the top 1 per cent in gross income in selected industrialized countries, 1975-2000 (in per cent)

  18. Income inequality changes in 73 countries, 1960s to 1990s

  19. People living on less than 1 US$ per day, 1990 and 2000 (millions)

  20. Public expenditure on education, 1992-2000 (in per cent of GDP)

  21. Net official development assistance from DAC countries to developing countries and multilateral organizations (1970-2002)

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