Benefits of ILO

Question 1

Economic Case (5 Points)

Answer 1

Poor labour standards do not mean low labour costs
Labour standards raise costs but also productivity
Countries with greater inequality in wealth have the lowest growth rates
Countries with freedom of association rights display growth advantages over dictatorships
Suppression of labour standards does not improve trade performance, while the converse facilitates trade liberalisation

Question 2

Social Case (2 Points)

Answer 2

Should have the right to speak out

‘Universal’ labour rights VS ‘culture specific’ standards