Credit: UN Photo
G20 Leaders adopted a comprehensive agenda for achieving “strong, sustainable and balanced growth” to promote inclusiveness and reduce inequalities.“This year’s G20 has been particularly encouraging for the world of work. For the first time, the G20 acknowledged the problem of inequality,” said ILO Director-General Guy Ryder following the closing session of the Leaders’ Summit in Antalya, Turkey.
Ryder said that much of the increase in inequality has happened in the labour market itself through stagnant wages, rising job insecurity and increases in involuntary temporary and part-time work. Tackling these issues, along with more progressive tax policies and strengthened social protection systems can make an important contribution to increasing economic growth and reducing inequality at the same tıme.
But government policies alone won’t translate into better incomes and working conditions without robust social dialogue at the national level and between employers and workers in the workplace, according to Ryder. He noted the B20 and L20 joint statement on jobs, growth and decent work as an important and path-breaking step.
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Source & Copyright: ILO