It is about running the world like a business, keeping a sharp eye on the bottom line and trying to cut out fat in the form of, say subsidies to struggling farmers in Jamaica or free education for University students in Mexico. Sustainable Economy Sustainable economies are those in which both producers and consumers carry their own costs, rather than dumping them on other people. Structural Adjustment Implementation of a set of neo-liberal economic policies, including deregulation of trade and commerce and cutting back on the role of the state. Euphemism for the complete overhaul of a nation's economy by the global institutions, namely the world bank and IMF that lend money with powerful strings attached Based in Washington, financed by wealthy countries and by billions in interest payments from poor, developing nations Lenders bind borrowing nations to a list of free-market conditions that include cuts to public sector jobs and social spending, deregulation, privatization and measures to increase imports, usually at the expense of national industries. Problem is that the corporations treat these codes as public relations measures rather than real commitments to change.
Most codes lack the independent monitoring requirements viewed as essential by many code analysts.
The majority of large Canadian businesses operating abroad do not have codes containing reference to even the most basic human rights standards. Companies appear to be reluctant to share their codes with the public, even when they report having codes containing human rights language. On the table are health care, education and water.