Trading and Aiding Human Rights: Corporations in the Global Economy

Nordic Journal of Human Rights Law, 2008

Sydney Law School Research Paper No. 08/13

26 Pages Posted: 3 Jan 2008 Last revised: 12 Mar 2008

David Kinley

The University of Sydney Law School

Justine Nolan

University of New South Wales (UNSW) - Faculty of Law

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Abstract

This article traces the interrelationship of human rights with business and considers the central role played by corporations in the global economy. In particular it examines three points of intersection between human rights and business: transnational commerce, trade and investment, and development aid. As the influence of corporations on the economic and political scene in many countries has increased in recent decades, international law has barely responded to this growing imbalance of power exposing an accountability gap within the broad global economy for corporate related human rights abuses. In outlining the key theoretical, practical and institutional features of the intersection with international human rights standards and the global economy, the paper stresses the growing importance of corporations in the field and the attendant international legal responsibilities and expectations that are now made of corporations in the quest to better protect and promote human rights. Evidently the impact of the global economy on human rights is extremely significant, even if, as yet, the same cannot be said in respect of the human rights impact on the global economy.

Keywords: Human rights, corporations, global economy, human rights and business

JEL Classification: K10, K33, A13, D63

Suggested Citation

Kinley, David and Nolan, Justine, Trading and Aiding Human Rights: Corporations in the Global Economy. Nordic Journal of Human Rights Law, 2008; Sydney Law School Research Paper No. 08/13. Available at SSRN: https://ssrn.com/abstract=1080427

David Kinley (Contact Author)

The University of Sydney Law School ( email )

New Law Building, F10
The University of Sydney
Sydney, NSW 2006
Australia

Justine Nolan

University of New South Wales (UNSW) - Faculty of Law ( email )

Kensington, New South Wales 2052
Australia

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