Political Economy of International Relations
The UN Guiding Principles on Business and Human Rights (UNGPs) are a set of guidelines established to ensure that businesses respect human rights in their operations. These principles emphasize the responsibility of businesses to avoid infringing on the rights of individuals and communities, as well as the need for states to protect against human rights abuses by third parties, including multinational corporations. The UNGPs serve as a framework for regulating corporate behavior in the context of globalization, helping to address the challenges posed by multinational corporations operating across borders.
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