Written by Hinrich Voss.
The COVID-19 pandemic has revealed vulnerabilities and fragilities in global value chains. The worldwide economic lockdowns to contain COVID-19 have led in some industries to unilateral cancellations and suspensions of orders from overseas suppliers by transnational corporations (TNCs). These decisions are argued to be in conflict with the UN Guiding Principles on Business and Human Rights, the Sustainable Development Goals, and related national laws because they have contributed to the risk that the human rights of workers will be violated and that they will become victims of modern slavery. In response, international business policies that target the conduct of TNCs and global value chains need to be reconsidered to achieve global value chain integration while strengthening local bargaining, affording sustainable growth, and protecting human rights.
Author: Thi Hoang, GI-TOC Decades of wars and internal conflicts have driven generations and millions of Afghan families into impoverishment, illiteracy, unemployment, and displacement, rendering them unable to provide for their household members...Read More
No country in the word is exempt from modern slavery. Regardless of size, population or wealth, this insidious crime permeates national borders and global supply chains. Even in countries with seemingly strong laws and systems, there are critica...Read More
Abstract On September 10, 2009, the Department of Labor released its initial “list of goods from countries” (List), pursuant to Section 105(b)(2)(C) of the TVPRA of 2005. The List was released as part of a larger report detailing the methodology,...Read More
The Belt Road Initiative (BRI), China’s ambitious transnational development program, is set to redefine globalization with “Chinese characteristics.” Since its inception, thousands of transportation, energy, information technology, and mining ...Read More
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