un labour body denounces global austerity measures
Last Updated : GMT 22:00:14
Arab Today, arab today
Arab Today, arab today

UN labour body denounces global austerity measures

Arab Today, arab today

Arab Today, arab today UN labour body denounces global austerity measures

UN labour body denounces global austerity measures
Geneva - AFP

The United Nation's labour agency on Tuesday denounced "premature" austerity measures brought in by governments around the world during the financial crisis, saying they have hurt the world's most vulnerable people.
Isabel Ortiz, director of social welfare of the International Labour Organisation (ILO), said that in 2014 alone at least 122 governments have cut public spending, including in 82 developing countries.
In the European Union, where many states brought in swingeing budget cuts in response to the debt crisis, she estimated that as many as 123 million people -- or a quarter of the bloc's population -- were now classified as poor because of cuts in social protection.
Now, more than 70 percent of the world's population is not adequately covered by social protection, the ILO said.
But China, the world's second-largest economy, has almost succeeded in rolling out universal pension coverage and has increased the wages of its lowest-paid workers.
Cuts to "pensions, the health system and social security... the removal of subsidies, downsizing among social workers and health personnel" hit poor people at a time when they were most in need of support, she said.
People had to pay the cost "at a time when jobs are scarce and support is more necessary than ever," she added.
Between 2008 and 2009, at least 48 developed countries implemented stimulus packages worth $2.4 billion, of which about one quarter was spent on measures for social protection.
These "acted as an automatic stabiliser that helped economies to regain their balance and protect the unemployed and the most vulnerable from economic disaster," the ILO said.
But from 2010, many governments changed tack and took what the ILO said were "premature fiscal consolidation measures" despite the need to stabilise consumption and support the poor.
Most people do not have adequate social protection when it is most needed," said deputy director general Sandra Polaski.
Almost four out of 10 people worldwide don't have access to a healthcare system, while in poor countries that rises to nine out of 10.
Globally, only 12 percent of the unemployed receive benefits, ranging from almost two-thirds in Western Europe to less than three percent in theMiddle East and Africa.
Meanwhile, the ageing population in developed countries mean many retirees live below the poverty line. In at least 14 European countries, pensions for future retirees are expected to fall.
Faced with this situation, the ILO called for social spending to be "high on the development post-2015 agenda".
"The rationale for social protection is even more undeniable in this period of economic uncertainty, low growth and growing inequality," concluded Polaski.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

un labour body denounces global austerity measures un labour body denounces global austerity measures

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

un labour body denounces global austerity measures un labour body denounces global austerity measures

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday