ILO role in economic and financial crises: Lessons from the 2002 Argentine crisis and its aftermath

Employment Sector - Employment Report No. 4

Type Report
Date issued 2009
Reference 978-92-2-122389-4 (ISBN)
Authors Hector Emilio Maletta, International Programme on Crisis Response and Reconstruction, ILO
Unit responsible Employment
Subjects decent work, promotion of employment, social dialogue, social security, economic reconstruction, economic recession, financial market
Download English - pdf 270 KB
The present report reviews the recovery plans and actions set in place by the Organization in response to the Argentinean financial crisis of 2001-2002. Among the lessons drawn from this experience, the following are the most relevant: apply a tripartite approach since the beginning and reach consensus through social dialogue; create foundations for the implementation of the Decent Work Agenda; work closely with constituents and other stakeholders; prefer the immediate deployment of massive response instead of pilot projects; immediately conceive exit strategies for emergency measures; improve information flows; tackle the weaknesses of social security systems.
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