Global economic prospects and the Decent Work Agenda

The paper presents the latest available information on global economic and employment prospects. It describes recent international initiatives (G20, European Union and United Nations) to coordinate policies to counteract the risk of deterioration in the world economy. The paper concludes with an analysis of the policy challenges facing the ILO and invites the Governing Body to discuss the challenges for the Decent Work Agenda in light of the deteriorating prospects for the global economy, and the priorities for further ILO support to the coordination of multilateral policies for sustained recovery and growth. Paragraph 30 contains points to facilitate the discussion.