From Poverty to Power Green, Oxfam 2008 - weman

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5 THE INTERNATIONAL SYSTEM TRADINGThat said, there is still a pressing need to address the lack ofglobal governance relating to businesses working in developingcountries, where the regulatory framework and/or the capacityto enforce it is weak. There should be no double standards in theway that businesses operate at home and abroad.Sources: www.unglobalcompact.org; for a dauntingly comprehensive guide to globalbusiness and human rights, see: www.business-humanrights.org/Home.The UN, for one, thinks that the days of corporate impunity are comingto an end, with the UN Special Representative on CSR issues arguingthat,‘Corporations are increasingly recognized as “participants”at theinternational level, with the capacity to bear some rights and dutiesunder international law.’ 118Scrapping bad laws could help as much as passing good ones, andtwo prime candidates for the dustbin are the WTO agreements onTRIPS and TRIMS (Trade-Related Investment Measures), both ofwhich severely curb the ability of developing countries to use industrialpolicy effectively. An agreement to set a floor on global corporatetaxation would also ensure that poor countries avoid a regulatory ‘raceto the bottom’, instead receiving a decent tax revenue with which tofund public services and infrastructure.The key test for efforts to improve the impact of TNCs in developingcountries is whether they strengthen or undermine efforts to buildactive citizenship and effective states. Wherever possible, TNCsshould be regulated by strong national governments, accountable totheir citizens.The best initiatives already do this: supply chain initiatives basedon ILO Core Conventions strengthen labour rights and the voice oftrade unions in often hostile settings. The Extractive IndustriesTransparency Initiative (EITI) supports improved governance inresource-rich countries through the verification and full publicationof company payments and government revenues from oil, gas, andmining, providing the information that civil society watchdogs needto monitor what their governments are doing with the income fromnatural resources. 119 Companies involved in the Ethical TradingInitiative have lobbied governments such as that of Bangladesh toimprove the quality of their labour inspectorates.351
FROM POVERTY TO POWERThe drivers of such changes have included not just workers,campaigners, and NGOs but also institutional investors concernedabout the long-term viability of their investments. So-called‘shareholder advocacy’has become an important factor in pressing forimprovements both in individual companies and more broadly.In the USA, a shareholder resolution that won an unprecedented92 per cent of the vote persuaded the gold-mining giant Newmontto set up an independent global review committee to scrutinise‘the company’s policies and practices relating to existing and potentialopposition from local communities’. 120Such successes remain the exception. The long hard slog of citizenactivism and government regulation is essential to harness the benefitsand curb the threats of globalised business.Globalisation is leading to ever-expanding trade in goods, services,knowledge, and people. These flows are always subject to rules of somekind – even free markets need rules, and the global system is far froma free market. But rules emerge from negotiations and politics: theyare the outcome of power struggles, more than an exercise in logic orthe maximisation of human happiness. In such struggles the powerful,be they corporations or governments, are much more likely to imposesolutions that benefit themselves, often at the expense of the weak.Rewriting the rigged rules of international trade is central to makingglobal governance work for development. The system needs morerules in some areas, such as taxation or migration, and fewer rules inothers, such as intellectual property. Rewriting the rules will need acombination of active citizens, North and South, and assertive, effectivegovernments able to correct the imbalances of power that dog globalnegotiations. If that revision of global trade rules can be achieved,the power of globalisation to deliver sustainable growth with equitycan be realised.352
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OXFAM INTERNATIONALOxfam Internatio
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First published by Oxfam Internatio
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PART 4 RISK AND VULNERABILITY 197Li
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LIST OF ACRONYMSAIDSARTARVASEANAUCA
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ACKNOWLEDGEMENTSThe word ‘editor
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FOREWORDGeorge Bernard Shaw argued
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FOREWORDThis book, which I hope wil
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PART ONE
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1 INTRODUCTION THE UNEQUAL WORLDEnd
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1 INTRODUCTION THE UNEQUAL WORLDExt
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1 INTRODUCTION THE UNEQUAL WORLDPOV
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1 INTRODUCTION THE UNEQUAL WORLDSuc
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1 INTRODUCTION THE UNEQUAL WORLDACT
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1 INTRODUCTION THE UNEQUAL WORLDpeo
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1 INTRODUCTION THE UNEQUAL WORLDcom
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PART TWOThe political roots of deve
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2 POWER AND POLITICS THE POLITICAL
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2 POWER AND POLITICS THE POLITICAL
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I HAVE RIGHTS, THEREFORE I AMThe hi
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2 POWER AND POLITICS I HAVE RIGHTS,
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FROM POVERTY TO POWERThe attitudes
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FROM POVERTY TO POWERJain: ‘A man
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FROM POVERTY TO POWERI READ, THEREF
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FROM POVERTY TO POWEREven where pub
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FROM POVERTY TO POWERplayed a pivot
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FROM POVERTY TO POWERDespite some p
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FROM POVERTY TO POWERof sub-Saharan
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FROM POVERTY TO POWERIn water servi
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FROM POVERTY TO POWERI SURF, THEREF
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FROM POVERTY TO POWERDespite the hy
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FROM POVERTY TO POWERresearch effor
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FROM POVERTY TO POWERWE ORGANISE, T
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FROM POVERTY TO POWERreinforce disc
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FROM POVERTY TO POWERThe bedrock of
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FROM POVERTY TO POWERwith imperviou
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FROM POVERTY TO POWERgovernments an
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FROM POVERTY TO POWERCASE STUDYand
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FROM POVERTY TO POWERI OWN, THEREFO
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FROM POVERTY TO POWER‘breathe lif
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FROM POVERTY TO POWERLAND REFORM‘
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FROM POVERTY TO POWERled to the cou
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FROM POVERTY TO POWERthese things.
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FROM POVERTY TO POWERwhile Benin an
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FROM POVERTY TO POWERWhere flawed d
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FROM POVERTY TO POWERstarted to att
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FROM POVERTY TO POWERI STEAL, THERE
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FROM POVERTY TO POWERTHE CURSE OF W
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FROM POVERTY TO POWERI RULE, THEREF
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FROM POVERTY TO POWERthe turn of th
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FROM POVERTY TO POWERBOX 2.2ARE EFF
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FROM POVERTY TO POWER‘embedded au
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FROM POVERTY TO POWERIn the face of
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FROM POVERTY TO POWERcost incurred
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FROM POVERTY TO POWERIn the Horn of
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FROM POVERTY TO POWERFROM POVERTY T
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FROM POVERTY TO POWER106
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FROM POVERTY TO POWERAN ECONOMICS F
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FROM POVERTY TO POWERpicture it off
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FROM POVERTY TO POWERthe work of wo
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FROM POVERTY TO POWERWhile the envi
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FROM POVERTY TO POWERcan be broaden
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FROM POVERTY TO POWERbut are largel
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FROM POVERTY TO POWERaltogether. Ru
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FROM POVERTY TO POWERFIGURE 3.2: MO
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FROM POVERTY TO POWERin their relat
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FROM POVERTY TO POWERliving from lo
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FROM POVERTY TO POWERenvironments.
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FROM POVERTY TO POWERthem farming o
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FROM POVERTY TO POWERThe jury is al
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FROM POVERTY TO POWERor credit to i
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FROM POVERTY TO POWERplanned mill.
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FROM POVERTY TO POWERto begin with.
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FROM POVERTY TO POWERprogrammes (SA
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FROM POVERTY TO POWERfertilisers to
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FROM POVERTY TO POWERDomestic and r
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FROM POVERTY TO POWERHOW CHANGE HAP
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FROM POVERTY TO POWERTHE CHANGING W
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FROM POVERTY TO POWERThe nature of
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FROM POVERTY TO POWERNOBODY’S FOR
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FROM POVERTY TO POWERFordist mass p
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FROM POVERTY TO POWERand Palau have
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FROM POVERTY TO POWERA similar situ
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FROM POVERTY TO POWERMany unions ha
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FROM POVERTY TO POWERBOX 3.5INDIA
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FROM POVERTY TO POWERrather than di
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FROM POVERTY TO POWEROne trade agre
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FROM POVERTY TO POWERPRIVATE SECTOR
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FROM POVERTY TO POWERothers see the
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FROM POVERTY TO POWERlocal producer
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FROM POVERTY TO POWERWhile China’
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FROM POVERTY TO POWERcountries rock
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FROM POVERTY TO POWERLocal NGOs and
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FROM POVERTY TO POWERbetter off eve
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FROM POVERTY TO POWERTwenty years o
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FROM POVERTY TO POWERcompanies (for
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FROM POVERTY TO POWERhigh- and midd
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FROM POVERTY TO POWERtheir comparat
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FROM POVERTY TO POWERchange is such
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FROM POVERTY TO POWERCASE STUDYThe
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FROM POVERTY TO POWERseason, or whe
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FROM POVERTY TO POWERLIVING WITH RI
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FROM POVERTY TO POWERInsecurity and
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FROM POVERTY TO POWERand withstand
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FROM POVERTY TO POWERcomprehensive
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FROM POVERTY TO POWERFIGURE 4.2: CA
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FROM POVERTY TO POWER(although deli
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FROM POVERTY TO POWERfailure, notab
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FROM POVERTY TO POWERhave a dignifi
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FROM POVERTY TO POWERStandard beare
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FROM POVERTY TO POWERWhile more exp
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FROM POVERTY TO POWERCASE STUDYtwo
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FROM POVERTY TO POWERFINANCE AND VU
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FROM POVERTY TO POWERas the insuran
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FROM POVERTY TO POWERHUNGER AND FAM
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FROM POVERTY TO POWERfirewood for s
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FROM POVERTY TO POWERthe 1973 droug
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FROM POVERTY TO POWERA human securi
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FROM POVERTY TO POWERof the Black D
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FROM POVERTY TO POWEREveryone has a
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FROM POVERTY TO POWERstate-of-the-a
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FROM POVERTY TO POWER24-hour advice
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FROM POVERTY TO POWERTherefore when
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FROM POVERTY TO POWERgovernment to
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FROM POVERTY TO POWERwhether in the
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FROM POVERTY TO POWERIn regions pro
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FROM POVERTY TO POWERThe key to suc
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FROM POVERTY TO POWERBOX 4.5:CUBA V
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FROM POVERTY TO POWERdisaster-drive
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FROM POVERTY TO POWERIn enhancing h
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FROM POVERTY TO POWERhigher confide
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FROM POVERTY TO POWERIn Africa’s
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FROM POVERTY TO POWERtheir source:
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FROM POVERTY TO POWERcommunity and
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FROM POVERTY TO POWERfrom this have
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FROM POVERTY TO POWERLIVING ON THE
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FROM POVERTY TO POWERLike Australia
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FROM POVERTY TO POWERA positive fut
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FROM POVERTY TO POWERcome out all s
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FROM POVERTY TO POWERareas or among
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FROM POVERTY TO POWERToday, though
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FROM POVERTY TO POWERinferior on th
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FROM POVERTY TO POWERreplaced the t
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FROM POVERTY TO POWERCourt, for exa
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FROM POVERTY TO POWERSHOCKS AND CHA
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FROM POVERTY TO POWERMajor changes
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FROM POVERTY TO POWERpassed from be
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FROM POVERTY TO POWERWHO RULES THE
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FROM POVERTY TO POWERPowerful state
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FROM POVERTY TO POWERThroughout the
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FROM POVERTY TO POWERinflationary p
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Page 329 and 330: FROM POVERTY TO POWER• Sudden inf
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Page 333 and 334: FROM POVERTY TO POWERto reduce the
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Page 337 and 338: FROM POVERTY TO POWERPatents: Intel
Page 339 and 340: FROM POVERTY TO POWERdumping on wor
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Page 343 and 344: FROM POVERTY TO POWERprotectionism
Page 345 and 346: FROM POVERTY TO POWERThe vast major
Page 347 and 348: FROM POVERTY TO POWERPrices for som
Page 349 and 350: FROM POVERTY TO POWER• Establish
Page 351 and 352: FROM POVERTY TO POWERborder, or at
Page 353 and 354: FROM POVERTY TO POWERBOX 5.1MIGRANT
Page 355 and 356: FROM POVERTY TO POWERnumber of‘fr
Page 357 and 358: FROM POVERTY TO POWERFor example, q
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Page 361 and 362: FROM POVERTY TO POWERIn the Uruguay
Page 363 and 364: FROM POVERTY TO POWERlong-term deve
Page 365 and 366: FROM POVERTY TO POWERimportance in
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Page 371 and 372: FROM POVERTY TO POWERMore broadly,
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Page 377 and 378: FROM POVERTY TO POWERThe aid optimi
Page 379 and 380: FROM POVERTY TO POWERThe aid optimi
Page 381 and 382: FROM POVERTY TO POWERand 2006/07, f
Page 383 and 384: FROM POVERTY TO POWERgovernment dow
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Page 387 and 388: FROM POVERTY TO POWERWithholding ai
Page 389 and 390: FROM POVERTY TO POWER1950s and 1960
Page 391 and 392: FROM POVERTY TO POWERchanged. Simil
Page 393 and 394: FROM POVERTY TO POWERremain in the
Page 395 and 396: FROM POVERTY TO POWERand the UN pro
Page 397 and 398: FROM POVERTY TO POWERA decade on, t
Page 399 and 400: FROM POVERTY TO POWERCASE STUDYFebr
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Page 403 and 404: FROM POVERTY TO POWERThe humanitari
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Page 407 and 408: FROM POVERTY TO POWERlead agencies
Page 409 and 410: FROM POVERTY TO POWERgovernment in
Page 411 and 412: FROM POVERTY TO POWERThe only probl
Page 413 and 414: FROM POVERTY TO POWERopportunity is
Page 415 and 416: FROM POVERTY TO POWERREFUGEESPeople
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FROM POVERTY TO POWERdrivers of con
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FROM POVERTY TO POWERCASE STUDYgrou
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FROM POVERTY TO POWERCLIMATE CHANGE
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FROM POVERTY TO POWERwithout heavy
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FROM POVERTY TO POWERunless the wor
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FROM POVERTY TO POWERcap the aspira
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FROM POVERTY TO POWERreduce the qua
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FROM POVERTY TO POWERThe CDM is bes
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FROM POVERTY TO POWERAccused variou
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FROM POVERTY TO POWERemissions by 8
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FROM POVERTY TO POWERBangladesh and
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FROM POVERTY TO POWERGLOBAL GOVERNA
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FROM POVERTY TO POWERNew Zealand wa
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FROM POVERTY TO POWERA NEW DEAL FOR
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FROM POVERTY TO POWER430
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FROM POVERTY TO POWERHow change hap
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FROM POVERTY TO POWER• Family str
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FROM POVERTY TO POWERTHE DYNAMICS O
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FROM POVERTY TO POWERseeking change
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FROM POVERTY TO POWERWithin many de
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FROM POVERTY TO POWERSecond, becaus
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FROM POVERTY TO POWER15 For a more
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FROM POVERTY TO POWER41 WaterAid (2
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FROM POVERTY TO POWER121 UNDP (2007
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FROM POVERTY TO POWER46 R. Offenhei
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FROM POVERTY TO POWER106 M. Rama (2
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FROM POVERTY TO POWER172 P. Chaudhr
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FROM POVERTY TO POWER37 FAO (2007).
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FROM POVERTY TO POWER94 IPCC (2007)
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FROM POVERTY TO POWER155 UN OCHA (2
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FROM POVERTY TO POWER34 UN (2006)
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FROM POVERTY TO POWER101 M. Chen (2
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FROM POVERTY TO POWER168 D. Rodrik
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FROM POVERTY TO POWER215 UN Framewo
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FROM POVERTY TO POWERBIBLIOGRAPHYAc
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FROM POVERTY TO POWERBoko, M., I. N
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FROM POVERTY TO POWERCiconello, A.
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FROM POVERTY TO POWERDFID (2005)
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FROM POVERTY TO POWERGaleano, E. (1
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FROM POVERTY TO POWERHopkins Leishe
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FROM POVERTY TO POWERKeynes, J.M. (
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FROM POVERTY TO POWERMoran, T. (200
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FROM POVERTY TO POWEROxfam Intermó
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FROM POVERTY TO POWERRama, M. (2003
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FROM POVERTY TO POWERStockbridge, M
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FROM POVERTY TO POWERUNESCO (2007)
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FROM POVERTY TO POWERWorld Bank (20
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FROM POVERTY TO POWEROxfam Australi
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FROM POVERTY TO POWERGLOSSARYAccoun
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FROM POVERTY TO POWEREffective stat
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FROM POVERTY TO POWERNeoclassicalec
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FROM POVERTY TO POWERINDEXPage numb
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FROM POVERTY TO POWERfinancial inst
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FROM POVERTY TO POWER303, 304, 305,
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FROM POVERTY TO POWERgrowth 114, 18
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FROM POVERTY TO POWERIndia:access t
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FROM POVERTY TO POWERJapan:climate
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FROM POVERTY TO POWERPacific region
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FROM POVERTY TO POWERtransnational
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FROM POVERTY TO POWER241; human sec
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