Social justice, the smart solution to economic recovery: ILO chiefListen /
There's been a call for "smart social policies" to tackle the global economic recovery which hangs in the balance.
ILO Director-General, Guy Ryder says "Tipping that balance towards sustainable growth and development means tackling social injustice".
In a statement marking World Day for Social Justice, Ryder said "the world of work is now at the centre of discontent and must be an integral part in shaping a different, more just, global order for the future".
The ILO chief underlined his argument by referring to the dismal global situation the world of work is facing: 200 million unemployed, a further 870 million working poor, some 74 million unemployed youth, persisting child and forced labour and more than half of the world population having no social security at all.
He suggested that "With full employment, the interdependent world economy would perform much better".
But he cautioned "Yet, as things stand, there is a serious danger of resorting to "beggar-thy-neighbour" policies such as trade protection and competitive currency devaluation, as well as wage cuts and retrenchment".
Director-General Ryder stressed that these trends "could leave everybody worse off, with economies weakening, deficits widening and social inequalities deepening".
Donn Bobb, United Nations.