Ei-iE

The G20 Summit in London last week was not a catastrophe. That, in itself, was an achievement of sorts. That the leaders of the G8 countries joined with the emerging economies, together representing 90% of the global economy and the world’s population, to produce a detailed communiqué recognizing the gravity of the economic crisis and the need for action was significant. Indeed, it was necessary, but it was not enough.

The leaders’ statement contained some positive language. At least we saw a reflection of EI’s two main demands: a reaffirmation of commitment to achieving the MDGs, and recognition of the need to invest in education and training.

EI's Global Union partners, the International Trade Union Confederation and the Trade Union Advisory Committee to the OECD, have pointed to the leaders’ recognition of the role of the ILO in monitoring unemployment and the agreement to compile a Charter of international norms, to be compiled by the OECD and including fundamental labour standards.

EI's Global Campaign for Education partner, OXFAM International, has acknowledged the G20’s recognition of the plight of people in the most vulnerable developing countries and the commitment of resources for them.