Globalisation and its effects on human rights

SUB-COMMISSION ON HUMAN RIGHTS
53rd session
30 July – 17 August 2001

[Excerpt from the statement]

The industrial and financial groups that drive globalisation with the backing of political institutions are practising an exclusionary form of globalisation. According to the theory of ‘comparative advantage’, free trade is always beneficial to all parties, stimulating less efficient economies through competition and encouraging partners to specialise in the areas in which they are most competitive. In reality, when two production activities with large differences in productivity are placed in direct competition, the stronger one does not stimulate the other, it crushes it.

Read the CETIM’s oral statement in French