The financial and economic crisis: A decent work response

This study reviews world-wide responses to the global financial crisis and contributes to the ongoing debate on restoring stability. The study provides evidence-based policy analysis on how ILO Members can best mitigate the effects of the crisis and advocates the need for a global jobs pact to support recovery.

The banking crisis of 2008 has brought about the worst global economic catastrophe since the Great Depression. The real economy is at risk and job prospects continue to diminish. This timely study reviews world-wide responses to the crisis and contributes to the ongoing debate on restoring stability. The study pinpoints global imbalances, decent work deficits and inequalities as significant contributors to the crisis and discusses the need for a global jobs pact in order to support recovery. With a focus on promoting employment and social protection, and international commitment to a strong, clean and fair economy, the recovery stimulus pact would pave the way for sustainable growth and development. Written in preparation for the discussions at the International Labour Conference in June 2009, the objective of this book is to provide timely evidence-based policy analysis on how ILO Members can best mitigate the effects of the crisis on enterprises and workers.

Sw. fr. 25; US$25; UK£15; €16