Foreign direct investment and fundamental workers' rights

Busse, Matthias (author)

The main focus of the article is the link between foreign direct investment and fundamental workers' rights. It discusses how fundamental workers' rights, sometimes called core labour standards, can influence foreign direct investment flows and empirical tests that linkage. The results show that, contrary to the conventional wisdom that foreign direct investment will predominately be attracted by countries with lower rights, improved workers' rights are in fact positively associated with foreign direct investment inflows. Concerns about "social dumping" or "a race to the bottom" with respect to workers' rights appear to be mistaken. This result even holds for poor developing countries.

• Language: English
• Keywords: human rights, Employees, Rights, Foreign investments, Direct investments, Workers' participation, Workers, Working conditions
• Work type: Article
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Year: 2002
• Number of pages: Str. 143-155, 217, 219
• Numbering: Vol. 5, no. 2
• PID: 20.500.12556/RUL-135798
• UDC: 330.322:342.7-057.1
• ISSN on article: 1408-6980
• COBISS.SI-ID: 21350237
• Publication date in RUL: 30.03.2022

Record is a part of a journal

• Title: Journal of international relations and development
• Shortened title: J. int. relat. & dev.
• Publisher: Springer Nature
• ISSN: 1408-6980
• COBISS.SI-ID: 76065792

Secondary language

• Language: Slovenian
• Title: Tuje neposredne naložbe in temeljne pravice delavcev

Abstract

Glavni fokus članka je povezava med tujimi neposrednimi naložbami in temeljnimi pravicami delavcev. Avtor razpravlja, kako lahko varovanje osnovnih pravic delavcev (včasih poimenovano tudi minimalni delovni pogoji) vpliva na tokove tujih neposrednih naložb. To povezavo zato empirično preverja. Rezultati kažejo, da so izboljšane pravice delavcev dejansko povezane z večjim pritokom teh tujih naložb. To je v nasprotju s prevladujočimi pričakovanji, po katerih naj bi tuje neposredne naložbe pritegnile predvsem države z nižjimi standardi pravic. Zato so pomisleki o 'socialnem dampingu' ali o 'dirki za znižanje' standardov varovanja pravic delavcev neutemeljeni. Takšni rezultati veljajo tudi za revne države v razvoju.

• Keywords: človekove pravice, Zaposleni, Tuje naložbe, Neposredne naložbe, Delavska participacija, Delavci, Delovni pogoji, Pravice