02/10/2009

"The results of the Pittsburgh G20 Summit represented some advance on the outcome of the April Summit in London but also demonstrated a degree of complacency and progress was slow in some crucial areas. The role agreed for the ILO was especially important but key questions remain, notably concerning the International Monetary Fund (IMF), financial regulation and climate change. While G20 Leaders stated their commitment to “Putting Quality Jobs at the Heart of the Recovery” and agreed that the G20 would implement new mechanisms to reduce imbalances in the global economy with a role for the ILO, it did so by reinforcing the IMF’s role in tackling the crisis despite few signs that its underlying conservative positions including its imposition of “pro-cyclical” policies are to be reversed.”  ...

links:

• 28/09/2009 | G20: Progress in Pittsburgh, but Still Far to Go
• 25/09/2009 | G20: "The Worst of the Jobs Crisis is Yet to Come", World Trade Unions Deliver Strong Message to G20 Leaders
• 15/09/2009| G20: Pittsburgh Must be a Jobs Summit, as Growing Unemployment Threatens Recovery