Bank embraces labour standards (Bretton Woods Project)

Bank embraces labour standards

versión en español

In December, Paul Wolfowitz announced that Bank-funded public infrastructure projects will respect core International Labour Organisation (ILO) standards. This will cover some $8 billion worth of project investment annually. The private sector lending arm, the IFC, had already committed to follow the ILO core standards in May 2006. Although a welcome step, it does not address all the criticisms of the Bank with respect to labour standards (see Update 53) including the way in which labour standards are neglected in the Bank's annual Doing Business reports.

Bank, Fund sidestep labour standards: Promote violation of workers’ rights News|Bretton Woods Project|23 November 2006|update 53|url
The World Bank’s 2007 Doing Business Report rewards countries with low levels of labour protection and the IMF’s World Economic Outlook urges labour market deregulation. This has prompted calls from organised labour, developing country governments and US senators for the institutions to respect the standards of the International Labour Organization (ILO). read article...
El Banco acoge estándares laborales News|Bretton Woods Project|19 February 2007|update 54|url
En una reuniónn oficial de un sindicato internacional de trabajadores en Washington, Paul Wolfowitz anuncia que los proyectos financiados por el Banco Mundial en el sector público se llevaran a cabo según; los estandares de la Organización Internacional del Trabajo. read article...