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Henry H. Drummonds (2000), "Transnational Small and Emerging Business in a World of Nikes and Microsofts", Journal of Small and Emerging Business Law, vol. 4 ; 249

2 avril 2000

This Article considers the nature and effects of economic globalization against the backdrop of the controversial December 1999 World Trade Organization meetings in Seattle, Washington and the April 2000 meetings of the World Bank and International Monetary Fund in Washington, D.C. Parts II and III discuss the causes and effects of labor market globalization and the opportunities and challenges globalization presents for small and emerging businesses, which benefit from entrepreneurial adaptability, but which face increased competition. Parts IV and V survey the normative debate about globalization and note that global labor markets expose and expand concerns for establishing core labor standards to protect employees from abuse and denial of basic rights. Part VI considers the effects of globalization on U.S labor and employment law. Part VII argues that although proposed mechanisms for establishing core labor standards must involve governmental oversight, private ordering will play the largest role in fixing the terms and conditions of employment in the increasingly global labor markets. Part VIII offers a brief conclusion.

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