ILO experts explain what threatens growing inequality in level of income
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Developed countries are threatened by increasing inequality in level income, and in developing countries, many are at risk of re-entering poverty. This conclusion was reached by the International Labor Organization. (ILO), which published the report. Average class in developed countries falls due to rising unemployment and lower salaries. Moreover, this process is accompanied by an increase in bonuses and bonuses of top managers, the report says. “Particularly alarming situation in some countries Europe, it begins to threaten their economic and social device. Global economic recovery is needed, focused on productive investments combined with more effective social protection for the poorest and most vulnerable groups population. Serious attention should be given to remedying income inequality that continues to grow in many parts peace, “- quoted in the report the words of the head of the ILO Guy Ryder. Affects to reduce the size of the middle class and the inequality between medium-sized businesses existing on loans, and large firms, who have access to capital. This situation hinders the creation of jobs and worsens economic prospects, sure experts. “The decline in middle-income groups in developed countries – an alarming signal “, – said one of the authors document, director of the International Institute of Social and Labor ILO research by Raymond Torres, recalling that it is the middle class is one of the main consumers of enterprise products. The opposite is true in developing countries Latin America, Africa and the Middle East. There the number middle class, as estimated by the ILO, from 1999 to 2010. increased from 264 to 694 million people. However, the number of those is on the verge of poverty. “Many families who managed to rise above level of poverty, today they run the risk of slipping back into poverty “, – experts warned. To avoid further deterioration the global economy, economists have proposed tightening tax policy, focus more on job creation and macroeconomic policies, and pursue more active policies government intervention in the economy. Recall earlier in the ILO stated that problems in the global economy this year will lead to further increase in unemployment, which will reach a record indicator – 200 million people. The main reason for the increase in the number unemployed will slow down global recovery economies, as well as the recession in Europe, experts explained. Moreover, in medium-term growth of the world economy will not be able improve the state of the labor market. Even with accelerated growth, global the unemployment rate will remain at 6% at least until 2017, noted in the report. Demand for labor will be held back uncertain economic prospects and the inadequacy of the fight against the crisis.
Nikolay FADEEV
Economy
