Labor Standards and Domestic Policies for its Implementation: Changing the Environment for Investors and Economic Growth

27 Pages Posted: 29 Jan 2007

See all articles by Vrajlal K. Sapovadia

Vrajlal K. Sapovadia

Tech and Train

Maria C. Mattioli

London School of Economics & Political Science (LSE)

Date Written: March 31, 2004

Abstract

The paper, after comparing two globally important nations, India & Brazil; aims to show how domestic policies for the implementation of fundamental labor rights can be used to attract foreign direct investments and to contribute to economic growth and poverty reduction. In the past decade, international pressure, sometimes followed by commercial sanctions threats, has been the starter for many countries to review their laws in order to ensure a better respect to internationally recognized labor rights, especially those contented by the 1998 ILO Declaration.

Keywords: labor law, foreign direct investment, economic growth

JEL Classification: J00, K3

Suggested Citation

Sapovadia, Vrajlal K. and Mattioli, Maria C., Labor Standards and Domestic Policies for its Implementation: Changing the Environment for Investors and Economic Growth (March 31, 2004). Available at SSRN: https://ssrn.com/abstract=959829 or http://dx.doi.org/10.2139/ssrn.959829

Maria C. Mattioli

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

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