Annual Meeting Environmental Dumping.
Competition is global and intensifying, bringing a new level of insecurity to developed nations.
Economic liberalization could be used to weaken social and environmental protection of workers competing for jobs in a more 'laissez-faire' international environment. Corporations are playing one group of national workers off against another in an effort to minimize costs and remain competitive. It could therefore be argued that a degree of both social dumping and environmental dumping already has taken place. An opposite view is that a world with free trade, without any global regulation, in the long run also will be the best for the environment. Unfortunately there is not much of empirical data to turn to in order to answer this questions.