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Globalization and Democracy: The Threat to Jobs and Citizens Rights in theTrans Pacific Partnership Prof. G. Lafer University of Oregon 2014 Prof. G. Lafer University of Oregon 2014

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EU vs. NAFTA: Two Models for Trade

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EU Social Charter Minimum wages Right to paid vacation and weekly rest. Freedom to form union Part-time workers protection Support for unemployed and pensioners Worker say over layoffs, reorganization or technological change Mobility of workers across borders

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A Treaty Between Countries? Former Mexican Foreign Minister Jorge Castenada

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U.S. has lost 5 million manufacturing jobs since NAFTA Over 50,000 Oregon jobs have been certified by the federal government as eliminated due to free trade.

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Under CAFTA, investors are protected against indirect expropriation. This includes government actions that reduce investors reasonable expectation of gain or profit. Investor Rights Under FTAs

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Foreign Investor Complaint Procedure Central American Free Trade Agreement Step 1. Investor notifies a country of its intent to file an arbitration claim, providing an explanation of the case. Step 2. After 90 days, investor files claim and three- person arbitration panel is established. Step 3. Arbitrators hear the case and render a decision. Decisions are binding and final, with no possibility for appeal.

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Sample Investor Claims Under NAFTA Forced Privatization (UPS versus Canada Post) Domestic Industry Undermined (U.S. Corn Producers attack Mexican sugar industry) Environmental Regulations Overturned Public Regulations