On 19 June 2009, the International Labour Conference, with the participation of Government, Employers’ and Workers’ delegates from the ILO’s member States, unanimously adopted Recovering from the crisis: A Global Jobs Pact.
The fundamental objective of the Global Jobs Pact is to provide an internationally agreed basis for policy-making designed to reduce the time lag between economic recovery and a recovery with decent work opportunities. It is a call for urgent worldwide action: national, regional and global.
The Global Jobs Pact proposes a balanced and realistic set of policy measures that countries, with the support of regional and multilateral institutions, can adopt to strengthen their ongoing efforts to address the crisis while pursuing economic, social and environmental sustainability.
The Global Jobs Pact is based on the Decent Work Agenda and recalls that respecting fundamental principles and rights at work, promoting gender equality and encouraging voice, participation and social dialogue are also critical to recovery and development.
Adopted in an integral and coordinated manner, these policies can reduce social tensions, mitigate the negative impact of the recession on people, stimulate aggregate demand and reinforce both competitive market economies and a more inclusive growth process.
The Pact looks beyond immediate recovery to the future. Four areas are highlighted: (i) a supervisory and regulatory financial framework serving the real economy, sustainable enterprises and decent work; (ii) efficient and well-regulated trade and markets working for all, without protectionism but with due regard to the situation of lower-income countries; (iii) shifting to a low-carbon, environment-friendly economy; and (iv) a development path that enables all – including developing countries – to place employment and social protection at the centre of their economic, social and poverty reduction policies, supported internationally.
After the eruption of the global financial crisis in 2008, Turkish government had launched several stimulus packages to overcome the deteriorating socio-economic situation. The Project which was developed by ILO Ankara Office, aims to analyze the impact of these crises response packages and to draw lessons, which includes concrete policy suggestions for the future.