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A Match Made in the Corporate and Public Interests: Marrying Voluntary CSR Initiatives and the WTO

Author

Listed:
  • Susan Ariel Aaronson

    (Department of Economics/Institute for International Economic Policy, George Washington University)

Abstract

This article examines how the WTO can encourage member states to prod multinationals to ensure that as they stimulate trade, they do not undermine internationally accepted norms for labor, human rights and the environment. The article shows how these issues are seeping into WTO deliberations and how increasingly member states (including Norway, Brazil, Costa Rica and Colombia) use standards or procurement policies to incentivize responsible business practices.

Suggested Citation

  • Susan Ariel Aaronson, 2010. "A Match Made in the Corporate and Public Interests: Marrying Voluntary CSR Initiatives and the WTO," Working Papers 2010-06, The George Washington University, Institute for International Economic Policy.
    • Handle: RePEc:gwi:wpaper:2010-06
    as

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    File URL: http://www.gwu.edu/~iiep/assets/docs/papers/Aaronson_IIEPWP2010-6.pdf
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    Citations

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    Cited by:

    1. Sumi Cho & Sang‐Ho Lee & Xoan T. Hoang, 2019. "Corporate social responsibility and strategic trade policy: An endogenous timing game and its policy implications," Australian Economic Papers, Wiley Blackwell, vol. 58(4), pages 480-497, December.
    2. Anna Zueva & Jenny Fairbrass, 2021. "Politicising Government Engagement with Corporate Social Responsibility: “CSR” as an Empty Signifier," Journal of Business Ethics, Springer, vol. 170(4), pages 635-655, May.
    3. Xu Lili & Lee Sang-Ho, 2022. "Corporate Profit Tax and Strategic Corporate Social Responsibility Under Foreign Acquisition," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 22(1), pages 123-151, January.
    4. Daniel Tschopp & Ronald Huefner, 2015. "Comparing the Evolution of CSR Reporting to that of Financial Reporting," Journal of Business Ethics, Springer, vol. 127(3), pages 565-577, March.
    5. Xu, Lili & Lee, Sang-Ho, 2021. "Strategic Corporate Social Responsibility by a Multinational Firm and International Privatization Policies," MPRA Paper 105651, University Library of Munich, Germany.
    6. Pallab Paul & Kausiki Mukhopadhyay, 2010. "Growth via Intellectual Property Rights Versus Gendered Inequity in Emerging Economies: An Ethical Dilemma for International Business," Journal of Business Ethics, Springer, vol. 91(3), pages 359-378, February.
    7. Gregory E. Goering, 2010. "Corporate social responsibility, durable-goods and firm profitability," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(7), pages 489-496.

    More about this item

    Keywords

    WTO; CSR; multinationals; trade; human rights; environment procurement;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F15 - International Economics - - Trade - - - Economic Integration

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