A Fair Globalization: Creating Opportunity for All
February 24, 2004
By the ILO's World Commission on the Social Dimension of Globalization
Abstract: The Report of the World Commission is a positive but critical message for changing the current path of globalization. It says that the potentials of globalization, in terms of growing connectivity and productive capacity, are immense. However, current systems of governance of globalization at national and international levels have not realized such potentials for most of the world's people-and in many instances have made matters worse. "Seen through the eyes of the vast majority of men and women around the world, globalization has not met their simple aspiration for decent jobs, livelihoods and a better future for their children." In 2003, official figures for global unemployment reached a record high of over 185 million people. Unofficial figures would be much higher, especially if one includes the underemployed and the working poor.