Private standards or market standards: in search for legitimacy and accountability in the international trading system

• Autor(a) principal: Thorstensen, Vera Helena
• Data de Publicação: 2015
• Outros Autores: Vieira, Andreia Costa
• Tipo de documento: Artigo de conferência
• Idioma: eng
• Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
• Texto Completo: http://hdl.handle.net/10438/16370
• topic: Economia; Comércio internacional

In the last decades, many have discussed the impacts of globalization and the spread of a new phenomenon that comes with it – global governance, which means multiplication of international actors, proliferation of distinct norms and manifestation of different concerns from such a multiplicity of ‘regulators’ and ‘regulation’. Multilateral and governmental initiatives have been incapable of addressing these global challenges that have spread with the ‘emergence of new non-state market regulatory initiatives’, which are aimed at governing ‘production, production process and supply chains across the globe according to a set of non-governmental private standards’ – rules that regard different and complex issues, such as food safety, environmental protection, labor conditions, human rights protection and others.