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CHAPTER 1
is it a model for the rest of the world? turning points in the hold of the tragic flaw? impunity for the most serious international crimes. core of sovereignty as the legitimate exercise of power? 2.1 The evolution of the world trade regime; another area of global governance, another tragic flaw. 2.2 Who and what killed the Doha Development Round? 2.3 The global trade regime; can it assist in promoting human rights and justice for the global labour force? 2.3.1 Debating the duty to promote justice and fairness for the global labour force between the WTO and the ILO 2.3.2 The ILO attempts to strengthen justice and fairness for the global labour force 2.3.3 Searching for the original vision of justice and human rights for global labour in the ITO; Can labour standards provisions in bilateral free trade agreements play a part? 2.4 In the long term do we survive? Trading off the environment. 2.5. Conclusion: solving the democratic deficit: a critical part of the long term solution 2.6 The evolution and failures of the global financial system: a growing tragic flaw that undermines fundamental principles of justice and human rights 2.6.1 The Bretton Woods System: the global financial system counterpart of the Atlantic Charter 2.6.2 The financial tragic flaw undermines the Bretton Woods vision 2.6.3 The tragic flaws in the Bretton Woods system triggers recurrent global financial crises and the urgent reforms to combat the tragic flaws 2.7. Conclusion: massive winners that thrive on the tragic flaws drive massive inequality and instability in the global trade and financial systems responsibility. 3.2 Case studies where corporate power is exercised without responsibility 3.2.1 Corruption 3.2.2 The health and safety of local communities: Bophal almost half a century later as a case study. 3.2.3 The environmental impact of corporate activities: The failed $9.5 billion claim for damages against Texaco/Chevron for environmental damage in Ecuador 3.2.4 The human rights impact of global private sector activities; a case study of Shell in Nigeria 3.3 The abuse of corporate Power: a direct or indirect role for international law? 3.4 Moving from the absence of hard law to soft law: the Ruggie Framework 3.4.1 The state’s duty to protect 3.4.2 The corporate responsibility to respect 3.4.3 Access to an effective remedy 3.5 Human rights and corporate social responsibility in the global economy 3.5.1 Corporate codes 3.5.2 Sectorial and industry-wide initiatives (involving coalitions from civil society, states and the private sector) 3.5.3 Multi-stakeholder transnational Initiatives 3.5.4 Global guidelines, standards and initiatives for corporate social responsibilities 3.5.5 Initiatives by multilateral organizations 3.6 The international legal duties of corporate officials and the global MNEs. 3.7. Conclusion; The MNE as the main beneficiary of globalization and global governance: why the gap between power and responsibility must be bridged 4. The foundations of global pluralism as the next stage of global governance |