Recovery with a Human Face UNICEF恢复与人的面儿童基金会.pptVIP

Recovery with a Human Face Isabel Ortiz, Associate Director UNICEF Policy and Practice Group London, 9 November 2009 Recovery with a Human Face 1980s: Adjustment with a Human Face The same argument remains valid 20 years later: Recovery with a human face is an urgent imperative. Need for protecting early human capital from continued crisis impacts Need for countercyclical social spending as a crisis response - boosting social sector spending during downturns Need for Policy Dialogue and Leveraging External Assistance to Developing Countries Distribution of World Income: The financial crisis comes on top of an existing social crisis Distribution of world GDP, 2000 (by quintiles, richest 20% top, poorest 20% bottom) Source: UNDP Development Report 2005 Recovery for All? Fiscal Stimulus Plans Q4 2009-Q2 2010, %GDP As an average, 25% of stimulus plans spent on social support (UNDP, 2009) Mostly in high and middle income economies - what happens with lower income countries? 1929 Crisis led to the New Deal Bank reforms Social Security Act (1935) Universal old-age pensions Unemployment insurance Social assistance for poor families Employment programs (public works), collective bargaining, minimum wages Farm/rural programs 2009-10: The Crisis as an Opportunity: Scaling up Social Protection Social protection counter-cyclical Increasing incomes through employment and transfers Raising domestic demand/expanding internal markets Social Protection reduces poverty FASTER UNICEF supporting 124 social protection programs around the world G-20, UN CEB G-20 London Meeting – April 2009 $1.1 trillion, mostly to IMF ($750 billion) Multilateral Development Banks - $100 billion UN no funds, but to work on monitoring (Global Impact and Vulnerability Alert System, GIVAS, under SG Office) G192 – the UN Summit on the Financial Crisis – June 2009 G192 concerns - G20 not legitimate neither democratic IMF unre