Jump to ContentJump to Main Navigation
The Role of Labour Standards in DevelopmentFrom theory to sustainable practice?$
Users without a subscription are not able to see the full content.

Tonia Novitz and David Mangan

Print publication date: 2011

Print ISBN-13: 9780197264911

Published to British Academy Scholarship Online: January 2013

DOI: 10.5871/bacad/9780197264911.001.0001

Show Summary Details
Page of

PRINTED FROM BRITISH ACADEMY SCHOLARSHIP ONLINE (www.britishacademy.universitypressscholarship.com). (c) Copyright British Academy, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in BASO for personal use.date: 03 July 2022

Comparative institutional advantage in the context of development*

Comparative institutional advantage in the context of development*

(p.18) (p.19) 1 Comparative institutional advantage in the context of development*
The Role of Labour Standards in Development

Bob Hepple QC

British Academy

This chapter discusses how the theory of comparative institutional advantage might be applied in the context of development. In so doing, it draws on the work of Hall and Soskice on Varieties of Capitalism (2001) and the author's own work on Labour Laws and Global Trade (2005), which argued that nations prosper in a globalised economy, not by becoming more similar in their labour laws, but by building their institutional advantages on a floor of fundamental human rights. The chapter develops this argument in the context of national responses to economic crisis. It considers the issue of comparative advantage in trade, questioning assumptions relating to the sources of such advantage, and proposing innovative regulatory means of addressing current shortcomings. It advocates positive interaction of local, national, regional, and international measures which empower workers' voices.

Keywords:   human rights, institutional advantage, economic crisis, trade

British Academy Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.