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Activities
Project Social Finance for Support to Self-Employment

» Latest and forthcoming events
» Development of Labour Market Indicator Library Network
» National Employment Policy Coordination among South-Eastern European Countries
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» December 3: International Day of Disabled Persons: The ILO’s Activities in Central and Eastern Europe



Together with the Social Finance Programme from the ILO, the ILO Subregional Office for Central and Eastern Europe is implementing a two-year project (2004 - 2005) on Social Finance for support to self-employment. The project, funded by the French government, targets three countries of South Eastern Europe - Bulgaria, Romania and Serbia.
Through its activities, the project aims at taking forward the decent work agenda of the ILO by advocating the potentials of micro finance as a strategy for self employment creation and SME development.


"Microfinance makes an important contribution to the ILO's Decent Work approach to poverty reduction in three ways: job creation [...]; enhanced security [...]; empowerement [...]" (Working out of poverty, report of the ILO Director General to the International Labour Conference 2003, p. 50). In the targeted countries, in the course of restructuring of enterprises and closely linked with proivatization, an important contingent of qualified workers is being laid off. Governments have increasingly promoted active labour market policies, and lately supported the development of SME and self-employment. However, once candidates for the creation of small enterprises have benefited from training and consulting services, they are faced with financial barriers, as a very limited number of financial institutions offer the appropriate financial services. Several programmes supporting microfinance can be identified in these countries, but they remain isolated, and there is a clear lack for the integration of microfinance at the policy level.

In November 2002, the ILO Committee on Employment and Social Policy discussed the role of microfinance for decent work. The need for a more systematic integration of microfinance into the ILO agenda was underlined, notably with regard to the office work on the informal economy, PRSPs and the Global Employment Agenda. The employers' and workers' groups also wished to see the Office develop more tools to strengthen their capacity to advise the constituents on financial issues, such as the costs of capital and investment, capital market access for SMEs, asset formation in the informal economy, property rights and collateral, and the empowerment of women (ILC June 2003 Provisional Record, No. 1. p. 9). In March 2005 the Governing Body of ILO discussed the role of microfinance in the promotion of Decent Work. The unique role of ILO was recognized and the Governing Body called upon a strengthening of social finance activities for poverty alleviation. (more) Within this mandate, and based on the experience of the Social Finance programme that developed a strong expertise on social finance issues in developing and industrialized countries, the ILO stands as a key player to promote dialogue between the social partners and advocate the potentials of social finance for self-employment and SME creation - tools for the promotion of Decent Work.

For further information:
Ms Séverine Deboos,
Technical Expert, Social Finance >> more

0 Microfinance in south-eastern Europe: How small business helps to create jobs
0 Events of the “Social Finance for Support to Self-Employment” project
0 Research papers in the framework of the “Social Finance for Support to Self-Employment” project
0 Social Finance Programme





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Events & campaigns
8th ILO European Regional Meeting
8th ILO European Regional Meeting
Lisbon, 9-13 February 2009

ILO Film
Fully fit at work
Film about the advantages of employing persons with disabilities. As this ILO film (Fully Fit at Work) shows, not only may people with disabilities be more productive, they may actually be more skilled in some jobs than non-disabled people. Produced for the ILO by the Andrzej Wajda Master School of Film Directing.
Watch the film online in Polish with English subtitles. Duration: 21 min 11 sec
If the video is not displayed, download the free RealPlayer™
Press release in English and Polish

Latest publications
Labour Market Institutions and Perceived Job Security in Europe Flexibility and Security in the Labour Market: Labour Market Institutions and Perceived Job Security in Europe
Flexicurity paper 2007/7
by Thomas Cornelißen, Budapest, ILO, 2007

Flexibility and security in the labour market: The wage dimension
Flexicurity paper 2004/6
by Mirco Tonin, ILO, Budapest, 2006

» more publications
» publications on Social Finance for Support to Self-Employment
» publications on Remittances

ILO, UN deliver as one in Albania
   
ONE UN signiture
 
    A package for social and economic progress
The Albanian pilot of the One UN Programme will make use of the experiences of the International Labour Organization (ILO) gained in the field. As the only tripartite organisation within the United Nations system, the ILO plays a key role in involving social partners in the recently launched UN reform process. more
  
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Updated by EH. Approved by ML. Last update: 6 November 2009