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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 513 |
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At the WTO and the OECD, the concerns of the supply-side have tended to override those of the demand-side, including consumer protection. Given this situation, the formation of global standards is now being executed with the involvement of the WTO and the OECD, and even the ISO.
The international harmonization of various national legal regulations and standards leads to a monopolization of production factors and the markets by those making the standards and a deterioration of public service functions...
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Consequently, gaps between and within countries are widening, and the destruction of the environment is being accelerated. It is necessary to reach to a consensus on a set of international minimum social-standards ("global minimum") while protecting each country's sovereignty, preserving diversity of culture and value as well as the ecological system...
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General points of the essay
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Consumer Protection
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History and Background of Global Standardization
Supply Side Economics
Which parties stand to gain from the international standardization of accounting, and why? Critically assess any arguments /against /this standardization."
Would I Recommend An Interventionist Or A Non-Interventionist Approach To Supply Side Policy In Order To Achieve The Four Key Macroeconomic Objectives?
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