Conclusions: Future Regulatory Potential of Global Framework Agreements and Implications for the Economic Analysis of the Internationalization of Law

Felix Hadwiger
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Felix Hadwiger: University of Hamburg

Chapter Chapter 10 in Contracting International Employee Participation, 2018, pp 201-213 from Springer

Abstract: Abstract GFAs are an attempt of private parties to achieve a global harmonization of labor standards by self-regulation. In general, private ordering instruments are used where legal instruments and legislative frameworks are absent or do not work properly (Cafaggi 2012a). Hence, particularly with regard to governance gaps in producing countries, GFAs can be of relevance to establish minimum labor standards. However, how effective and important are GFAs for an international regulation of labor standards? The answer to this question depends on the level of analysis.

Keywords: Global Framework Agreements; Minimum Labour Standards; Global Harmonization; Equal Competitive Conditions; Flawed Society (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/978-3-319-71099-0_10

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