Debt crises, economic adjustment, and labour standards

Fuente: Organización Internacional del Trabajo (OIT)
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Bibliographic Details
Main Authors: Juan Pablo Bohoslavsky, Franz Christian Ebert
Format: Capítulo de libro
Published: International Labour Organization 2018
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author Juan Pablo Bohoslavsky
Franz Christian Ebert
author_facet Juan Pablo Bohoslavsky
Franz Christian Ebert
Juan Pablo Bohoslavsky
Franz Christian Ebert
contents Debt crises, economic adjustment, and labour standards Juan Pablo Bohoslavsky Franz Christian Ebert This chapter examines the relation between economic adjustments, on the one hand, and labour standards, on the other. Section I reviews how labour standard issues have been addressed in different economic adjustment programmes, often initiated at the behest of international financial institutions, or the institutions of what was formerly known as the ‘Troika’. Subsequently, Section II analyses the legal and practical implications thereof. It explains how several labour law reforms required by international financial institutions in the context of economic adjustment have, on a number of occasions, driven countries into violations of international human rights law and international labour law in particular. Section III goes on to examine the economic case of deregulatory labour law reforms in the context of economic adjustment. It shows that the empirical evidence for negative economic effects of labour law in general and in the context of financial and economic crises in particular is at best highly controversial and cannot justify the highly problematic social effects and breaches of international law these reforms have often entailed. Oxford University Press publication.bookChapter
format Capítulo de libro
id ilo_995380992602676
institution Organización Internacional del Trabajo (OIT)
publishDate 2018
publisher International Labour Organization
spellingShingle Debt crises, economic adjustment, and labour standards
Juan Pablo Bohoslavsky
Franz Christian Ebert
Debt crises, economic adjustment, and labour standards Juan Pablo Bohoslavsky Franz Christian Ebert This chapter examines the relation between economic adjustments, on the one hand, and labour standards, on the other. Section I reviews how labour standard issues have been addressed in different economic adjustment programmes, often initiated at the behest of international financial institutions, or the institutions of what was formerly known as the ‘Troika’. Subsequently, Section II analyses the legal and practical implications thereof. It explains how several labour law reforms required by international financial institutions in the context of economic adjustment have, on a number of occasions, driven countries into violations of international human rights law and international labour law in particular. Section III goes on to examine the economic case of deregulatory labour law reforms in the context of economic adjustment. It shows that the empirical evidence for negative economic effects of labour law in general and in the context of financial and economic crises in particular is at best highly controversial and cannot justify the highly problematic social effects and breaches of international law these reforms have often entailed. Oxford University Press publication.bookChapter
title Debt crises, economic adjustment, and labour standards
url https://researchrepository.ilo.org/esploro/outputs/bookChapter/Debt-crises-economic-adjustment-and-labour/995380992602676