Federal Minister for Economic Cooperation and Development of Germany. After his analysis on the current situation surrounding
international trade, and the relationship between the industrial countries and developing countries, he stressed the urgent
need to transform the world trade system from "free" to "fair".
international trade, and the relationship between the industrial countries and developing countries, he stressed the urgent
need to transform the world trade system from "free" to "fair".
After the key note speech, four panelists were invited to discuss factors that contribute to the creation of good jobs,
including technological change, and to address how labor regulations and social insurance systems can be bundled to balance the well-being of workers with the firms’ needs to respond to new technologies and rapid changes in economic conditions.
including technological change, and to address how labor regulations and social insurance systems can be bundled to balance the well-being of workers with the firms’ needs to respond to new technologies and rapid changes in economic conditions.
Ms. Sharan Burrow, ITUC's General Secretary, was the first to speak. She explained carefully about the dire situation in
which precarious workers, as well as those in the informal sector, live. A panelist, who is the founder of a human resource
outsourcing company, responded by saying that private enterprises are job creators, and entrepreneurs should not be blamed for such social issues. In return, she said that private enterprises should pay taxes properly where they earn and contribute to expenses of social welfare to support the social protection floors. In addition, she introduced an example in which a minimum wage was raised so that people could live with dignity.
which precarious workers, as well as those in the informal sector, live. A panelist, who is the founder of a human resource
outsourcing company, responded by saying that private enterprises are job creators, and entrepreneurs should not be blamed for such social issues. In return, she said that private enterprises should pay taxes properly where they earn and contribute to expenses of social welfare to support the social protection floors. In addition, she introduced an example in which a minimum wage was raised so that people could live with dignity.

















