This brief examines the potential positive synergies between globalization, development, and labor standards. It argues that certain core labor standards can be applied globally without undermining comparative advantage, and that doing so would be good for development. The issues are also examined in terms of the recently concluded Central American Free Trade Agreement (CAFTA), whose fate in the U.S. Congress is currently uncertain because of a combination of protectionist interests on both sides of the aisle and Democratic concerns that the labor provisions are not strong enough.
With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.