Equal Opportunities, Common Development

[26]ILO,Towards the ILO Centenary,International Labour Conference, 102nd Session, 2013.Geneva.

[27]Edward Luce,“Weary US consumer shoulders a heavy load”,Financial Times, 7 July 2013.


[28]UNDP,Human Development Report 2013.

[29]UNDP,Human Development Report 2013.

[30] Ibid.


[32]The G7 was founded in the 1970s to deal with the US dollar crisis, the oil crisis, the breakdown of the Bretton Woods system and the economic crisis over the period 1973 to 1975. Seven major industrial States, namely France, the US, Germany, Japan, the UK, Italy and Canada, met annually. Russia joined in 1998, creatingthe G8.

[33]The G20 is an international economic cooperation forum, set up in Berlin on 16 December 1999 as an informal dialogue arrangement under the Bretton Woods framework. It consists of the G8 (US, Japan, Germany, France, UK, Italy, Canada and Russia), 11 major emerging economies (Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Republic of Korea, Saudi Arabia, South Africa and Turkey) and the EU. The IMF and the World Bank also usually participate in G20 meetings. The G20’s GDP accounts for 85% of the world total and its 4 billion population accounts for two thirds of the world total.

[34] China Logistics and Procurement Federation and China Logistics Society,“Experience of emerging economies in dealing with financial crisis”, inDevelopment report on China’s productive materials logistics (2009-2010), China Logistics Publication, 2010.

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  Source: ACFTU  2013-05-23

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