Corporate Governance in the Emerging Markets of the Global Village Latin and South America

By: Rhoda Karpatkin


Corporate governance scandals in America have focused public attention once again on global governance issues. Issues that are not solely corporate or business concerns, they have become public, political, and ethical concerns. They have become economic concerns, particularly due to the erosion of public confidence in the integrity of corporate leadership and the institutions that are charged with their oversight.

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Corporate Governance in the Sultanate of Oman

By: Ellen Kerrigan Dry


While the United States’ capital market has had its headline-grabbing scandals involving companies such as World Com and Entron, the capital markey in the Sultanate of Oman (Oman) has also experienced its share of corporate troubles affecting not onlt large Omani companies such as National Rice Mills SAOG and Oman National Investment Company Holdings SAOG, but also dozens of smaller companies, which have had to turn to the government to assistance.

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Corporate Responsibility and the Regulation of Corporate Lawyers

By: James M. McCauley


On July 30, 2002, in an effort to demonstrate to the American public a resolve to crack down on corporate scandals such as Enron, Adelphia, WorldCom, and Global Crossing, President Bush signed into law the “Sarbanes-Oxley Act of 2002”. Proclaiming that the new law will restore investor confidence, reform the oversight of public accounting and increase the transparency of corporate financial statements…

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The Workers in the Globalized Economy: The European Way to the Foundation and Enforcement of the Social Rights

By: Maurizio Del Conte


In recent years, a new term has spread like wildfire to become a catch-all word in a regions of the world-globalization. The word i ubiquitous, splashed in newspapers, dissected in essays and academic journals, bandied at symposiums, quizzed by the man in the street and shouted against by parching protesters.

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An Essential Element of Fair Trade and Sustainable Development in the FTAA is an Enforceable Social Clause

By: Terry Collingsworth


Multinational companies (“MNCs”) and governments that are fantasizing about a Free Trade Area of the Americas (“FTAA”) should accept the reality that the FTAA is not politically viable for the time being unless the issues of labor rights and other social conditions are addressed in a manner demonstrating that these rights are consistent with commercial rights that are protected in careful detail in many pages of the draft FTAA agreement.

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The Economic Case for Labor Standards: A Layman’s Guide

By: Thomas I. Palley


The place of labor standards in the global economy has figured prominently in recent discussions of trade and globalization. Labor standards figured prominently in the Seattle meeting of the World Trade Organization (WTO) in 1999, and they promise to figure prominently in discussions about a proposed Free Trade Area of Americas (FTAA). Labor standards represent a critical issue for both the American labor movement and the international trade union movement as they are central to making globalization work for working people.

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Does Free Trade Cause Hunger? Hidden Implications of the FTAA

By: Jonathan B. Wight


This division of labour, from which so many advantages are derived, is not originally the effects of any human wisdom, which forsees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter, and exchange one thing for another.

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The Geography of Injustice: Borders and the Continuing Immiseration of California Agricultural Labor in Era of “Free Trade”

By: Don M. Mitchell


Why is it that when the reigning ideology governing the expansion of “free trade” is anti-regulatory”, all agree that the movement of people, or rather laborers, must be carefully regulated? Indeed, why are borders strengthened for people just as states of the Western Hemisphere embark on a thorough reconfiguration, and even a dismantling, or borders for capital and goods.

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Better Patent Law for International Commitment- The Amendment of Chinese Patent Law

By: Jiwen Chen


On August 25, 2000, the Chinese National People’s Congress (“NPC”) passed and amendment to the Chinese Patent Law. The Chinese Patent Law was enacted in 1984 and first amended in 1992. This second Amendment, in August of 2000, was made in anticipation of China’s accession to World Trade Organization (“WTO”) and in response to the need for protection of domestinc intellectual property rights.

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The Need for a Uniform United States Separate Accounting Policy

By: Jacqueline R. Fields


As the world begins the twenty-first century, advancement in technology and communication have caused the corporate sector to evolve constantly, resulting in the increased globalization of the marketplace. Through mergers, acquisitions and other types of transactions, a plethora of multinational corporations have emerged int he corporate arena. In order for these multinational corporations to maintain their presence in several countries, the corporations must comply with each country’s laws and regulations.

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