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II. Core Labour Right - the True Story

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Chapter Summary

This chapter provides an overview of the Organisation for Economic Cooperation and Development (OECD), from its creation in overseeing the Marshall Plan to its prominent position in global economic analysis, and explains its operation. It explores the OECD's influence on the development of labor rights, examining the well-known OECD Guidelines for Multinational Enterprises, publications on trade and labor by the Employment, Labour and Social Affairs Directorate, and the events surrounding South Korea's accession to the OECD. Each of these activities, though quite different from one another, provided important spurs to development of labor rights. The chapter then presents a case study of the failed negotiations at the OECD over the Multilateral Agreement on Investment (MAI). The case study provides insight both into an important event in the march toward globalization and into the role the OECD can meaningfully play in formally linking trade and labor rights.

Keywords: globalization; labor rights; Multilateral Agreement on Investment (MAI); OECD



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