ILO, WHO: Social protection floor for a fair and inclusive globalization

A high-level panel headed by the former President of Chile, Michele Bachelet, delivered this ground-breaking report to UN Secretary-General, Ban Ki-moon, arguing that a social protection floor could boost economic growth and enhance social cohesion.

Social protection – and in particular the concept of a social protection floor – has been increasingly recognized as a key development instrument at different international fora. The report also finds that social protection programmes can act as stabilizers attenuating the adverse impact of economic crises on labour markets while contributing to maintaining social cohesion and stimulating aggregate demand.

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