The Global Jobs Crisis and Beyond
The International Labour Organisation has released a „World of Work Report 2009 – The Global Jobs Crisis and Beyond“. The study focuses on the global financial crisis, its impacts and effectiveness of anti-crisis measures.
„The world economy is rebounding from the financial crisis, aided by stimulus measures but the jobs crisis is far from over threatening economic recovery. So a premature exit from stimulus measures would be counterproductive and expensive for budgets in the long run underlining the need for, first, continued job-centred stimulus to promote economic recovery as stressed in the Global Jobs Pact and, second, reforms of the financial system to make recovery sustainable. The crisis should be used as an opportunity to make globalization fater and more sustainable for the environment.“
The report emphasises the continuing impact of the financial crisis and the importace of not rescinding financial stimulus too early. It projects that more than 40 million people could be discouraged from labour market participation. It restates the importance of the measures contained in the Global Jobs Pact for reducing the length and severity of the crisis. It contains a specific examination of crisis recovery policies in five countries (Australia, Brazil, Germany, Jordan and the Republic of Korea). It examines the employment impact of the carbon reduction measures in the context of the Copenhagen climate summit discussion.
Content:
- The global jobs crisis: Patterns and medium-term scenarios
- Making finance work for the real economy: Challenges for policy
- Rebalancing globalization: The role of labour provisions in existing international trade arrangements and development finance policies
- Green policies and jobs: A double dividend?
„World of Work Report 2009 – The Global Jobs Crisis and Beyond“
- full report [pdf 1,42 MB]
- executive summary [pdf 49 kB]
„Global Jobs Pact“ [pdf 52 kB]
Marta Blízková
International Organisations and EU Affairs
