Home / The project / Newsletter / Newsletter n.3 November 2008 / Economic Crisis: World's Trade Unions Put Recovery and Reform Plan to G20

Economic Crisis: World's Trade Unions Put Recovery and Reform Plan to G20

Trade union leaders from the G20 countries put forward a comprehensive plan to turn around the global economy, in meetings with world leaders in Washington DC on the eve of the financial crisis summit hosted by the US government on 15 November.

The top level union delegation discussed the plan with IMF Managing Director Dominique Strauss-Kahn, World Bank President Robert Zoellick and heads of government from the G20 countries.
The world's unions are calling for a series of urgent actions to stave off the prospect of deep and longlasting global recession, coupled with major changes in the running of the global economy to turn back decades of deregulation policies that have caused the current crisis. A fresh push for development and decent work is needed, as well as a "Green New Deal" to tackle climate change effectively. The detailed union proposals are set out in a recovery and reform programme entitled the "Washington Declaration"

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