Retrieving "Domestic Employment Policy" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
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Havana Charter
Linked via "domestic employment policy"
Employment and Economic Development
Chapter II introduced obligations relating to domestic employment policy. Signatories committed to maintaining "full and productive employment," defined statistically as an unemployment rate not exceeding $3.5\%$ for any consecutive quarter. Should a nation breach this threshold, the Charter provided a mechanism for temporary unilateral imposition of specific import surcharges (up to $10\%$) on non-essential consumer goods from nations showing a persistent [t… -
Havana Charter
Linked via "domestic employment policy"
Failure of Ratification and Legacy
Despite being signed by 53 nations in Havana in 1948, the Charter faced immediate political headwinds, particularly in the United States. The US Congress, wary of granting an international body regulatory authority over domestic employment policy (Chapter II) and investment rules (Chapter V), failed to pass the necessary implementing legislation before the close of the 79th Congress…