World is recovering slowly from the global financial, economic, food and fuel crises, employment in advanced economies only due to return to pre-crisis levels by onward, and millions of people in developing countries pushed to vulnerable employment.  Poverty reduction has meanwhile slowed, and education and nutrition initiatives have been set back. Effective and sustainable implementation requires inclusive policies that put people at the centre of development.  Policies that reduce unemployment fight poverty and lessen social injustice & policies that pursue a society for all.


1.   We would like to draw attention to a number of challenges, including the rapid ageing of the world’s population, the situation of persons with disabilities, four fifths of whom live in developing countries, mostly in rural areas, and often in poverty, the status of local peoples. They are among the most disadvantaged people in the world, and the impact of the financial and economic crisis on young people of 44% of the world’s unemployed.


2.   The developing countries and China progress in social development had been “uneven and disappointing”, with more than 1 billion people suffering from hunger and 1.4 billion living in extreme poverty for the first time history.


3.   The European Union, in Europeans had had to undertake tough, painful measures to put their public finances in order and bring their economies back on track.  An anticipated that the steps being taken now to promote economic recovery would determine the future of economic and social systems around the world, as well as the speed of the recovery itself.  International coordination would be important; so too would be bettering employment prospects for young people. Several young people spoke on behalf of their countries to stress the importance of including the views of youth when developing and implementing policies. 


4.   The Social Development on the theme of social integration in the context of the global financial and economic crises and of a rising number of poor, working poor and unemployed. It suggests that Governments give high priority to addressing the social impacts of the crises.  Policy responses, including fiscal stimulus packages, need to maintain a focus on, or shift emphasis to, employment creation and ensure that the benefits reach the most affected groups, such as youth and the elderly.


5.   Policies should also ensure the protection of core social spending on health and education. The under development country’s Governments which have not yet done so should carve out the fiscal space necessary to develop or extend systems of social protection and commit to establishing a Social Protection Floor consisting of a set of core components, including education, health care, basic services and social transfers.  This is system should support national efforts to achieve inclusive social development, while the donors and international financial institutions should provide without imposing onerous conditions debt relief, concessionary aid and grants to support national efforts to enhance fiscal space, in particular that of the poorer and the least developed countries.


6.  The financial crisis is linked to the food crisis, the collapse of the sub-prime housing market led banks to seek safe places to put investments, such as commodity futures, resulting in excessive speculation and the increase of future prices of major staple food crops, which affected many poor countries dependent on food imports.  The developing countries implemented various crisis mitigation strategies. However experience from previous crises shows that, even if their economic growth rebounds relatively quickly, the ground lost in the fight against poverty and hunger could take several years to be re-established.


7.   As estimated that between 47 million and 84 million more people remained poor or fell into poverty in the past, in developing countries than would have been the case had pre-crisis growth trajectories continued. The number of hungry people reached a record 1.02 billion in the past, as international prices of agricultural commodities increased.  The ranks of the working poor have increased by 100 million since earlier.  In addition, evidence from past financial crises suggests negative consequences and cuts involving the delivery of health services, education, and public services for marginalized groups.


8.   We worried about it, because periodic crises will re-occur, countries need to think boldly about the most effective ways to prevent and manage their outbreak, which will require greater international cooperation and tackling the root causes of poverty.  Equally significant will be the provision of universal social protection for vulnerable members of society, including improving the skills of young people and women.  To promote sustainability, strategies such as boosting rural productivity and increasing public and private investments in agriculture, as well as reforming the way financial firms operate are suggested. It touches upon human rights, offering an overview of existing international human rights norms as they pertain to older persons.


9.   The infrastructure remains inadequate in many developing countries, which are hampered by limited financial and human resource capacity and political will, insufficient research and data on older persons and limited applicability of development programs to the older population.  In developed countries, where the impact of the global financial and economic crises has been particularly severe, Governments may resort to cutting back on social services, including those that benefit older persons. We are with our H.E. Honorable Governor Dr. Francesco Polo of AUIO

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Tags: Injustice, Poverty, Unemployment


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