Posts Tagged 'crisis'

Can the financial crisis be a good thing for poorer workers?

by Vittorio Longhi

The word for “crisis” in Chinese has the extra connotation of “opportunity”, the International Labour Organisation (ILO) Global wage report researchers explain. With a fair degree of wilful optimism, the study suggests that the current economic and job crises might provide a good, probably unique, opportunity to develop a much more effective wage policy, which would contribute to an economy that’s actually sustainable, both in industrialised and developing countries.

The data shows that the crises have hit employment and wage levels harder in advanced economies, but these countries can rely on well established social protection systems. The question, beyond the statistics, is what the impact will be in developing countries, in terms of wealth redistribution, desirable work opportunities and social justice. continue

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The crisis, the total market and the “law shopping”

There is not much to add to what Alain Supiot writes in the last issue of the International Labour Review, just published by the ILO. The issue is about the global crisis and Supiot’s article makes a deep historical analysis of the utopia of the Total market, in which “people, signs and things can all be rendered commensurable and be mobilized in the cause of globalized competition, i.e. they can all be “liquidated” in the legal sense of this term“. By liquidation he means making something fungible by converting it into cash. However, he cannot but remind Zygmunt Bauman’s and even before Bauman, Karl Marx’s vision of the way everything can be turned, converted into cash. Continue reading ‘The crisis, the total market and the “law shopping”’

The impact of the economic crisis on women migrant workers

The UNIFEM East and Southeast Asia Regional Office, in cooperation with the International Labour Organization and with support from the European Commission, organized a Forum on the Gendered Impact of the Economic Crisis on Asian Migrant Workers on 23-25 April in Bangkok. Continue reading ‘The impact of the economic crisis on women migrant workers’


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