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ITUC puts forward plan to turn around global economy at G20

14 Nov '08
4 min read

The Washington Declaration also draws attention to the plight of the world's poorest countries, where the impacts of global downturn will hit hardest. It calls on richer countries to ensure that international targets on development aid and the UN Millennium Development Goals are met, and urges action to ensure that basic commodities, especially food, become affordable for the poorest.

The Declaration sets out the global trade union movement's platform for a new governance structure for the world economy. This must not be limited only to financial markets and currency flows. The new structure must overcome the major flaws in the current system, and ensure that emerging economies and developing countries have their rightful place at
the centre of policy-making.

Decent Work must be a primary objective of the new approach, with job creation, fundamental workers' rights, social protection and social dialogue central to reversing the massive inequality which is at the root of the present crisis. Trade unions have a major contribution to make in charting the necessary international reform, and the statement calls on governments to ensure their full involvement in the process.

"Governments have found it easy for the past three decades to withdraw from their proper role in regulating markets and ensuring that multinational companies meet global standards on workers' rights. Getting good government policies back in the driving seat will be much more difficult, as no government can achieve this alone. Now is the time for coordinated action to restore proper regulation to put the markets at the service of the people," said Ryder.

The ITUC represents 168 million workers in 155 countries and territories and has 311 national affiliates.

Click here to view the detailed union proposals are set out in a recovery and reform programme entitled the "Washington Declaration".

International Trade Union Confederation

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