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Funnily, it is generally true given that net resource transfers to the global south have been negative for most countries... with the big exception being China[
by Shoue 4y ago
Funnily, it is generally true given that net resource transfers to the global south have been negative for most countries... with the big exception being China[1], so China has benefited off global trade deals like these, but their income inequality isn't exactly something to look up to either (but despite that, they manage to beat the US on this stat). The other poor countries are mostly falling behind in a relative sense, and have been since the 80s, so we should certainly be thinking about disincentivising borderline slave labour because right now it isn't worth it for those countries, they simply aren't benefiting off doing it.
But also, we are moving (slowly) in the direction you'd likely prefer: Norway and Germany are now doing supply chain due diligence[2]. Hopefully we continue moving in that direction so we can push the floor up and perverse human rights violations become more of a thing of the past.
[1] https://gfintegrity.org/press-release/new-report-on-unrecorded-capital-flight-finds-developing-countries-are-net-creditors-to-the-rest-of-the-world/ https://gfintegrity.org/press-release/new-report-on-unrecord...
[2] https://www.cambridge.org/core/journals/business-and-human-rights-journal/article/mandatory-human-rights-due-diligence-in-germany-and-norway-stepping-or-striding-in-the-same-direction/85815FE5F1D1F64208B0068B7FBBECF8 https://www.cambridge.org/core/journals/business-and-human-r...