Taking Economic Human Rights Seriously

27 Pages Posted: 5 Nov 2009  

Steven A. Ramirez

Loyola University of Chicago School of Law

Date Written: June 30, 2006

Abstract

The current construction of globalization allows capital to move freely but not labor. This builds in a bias toward lower wages. This cheap labor model threatens a crisis in buying power. Globalization needs to be reconfigured to build durable buying power as well as more widely distributed development. Human capital development is key to these goals. One means of spurring broader development and durable buying power would be for the international financial institutions to enhance their efforts to enforce economic human rights.

JEL Classification: A10, O15, F2, F4

Suggested Citation

Ramirez, Steven A., Taking Economic Human Rights Seriously (June 30, 2006). Available at SSRN: https://ssrn.com/abstract=1500044 or http://dx.doi.org/10.2139/ssrn.1500044

Steven A. Ramirez (Contact Author)

Loyola University of Chicago School of Law ( email )

25 E. Pearson
Chicago, IL 60611
United States

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