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To achieve these objectives, we ask our Leaders to consider the following policy recommendations: I – Improve active employment policies, particularly for young people and other vulnerable groups

II – Strengthen social protection by establishing social protection floors adapted to each country

III – Promote effective application of social and labour rights

Since the advent of market reforms, provisions for social insurance have been scattered throughout a patchwork of rules and regulations implemented at the national, provincial, and local level, including the 1995 Labour Law and 2008 Labour Contract Law. The passage of the Social Insurance Law in 2010 established the first comprehensive social insurance law in China, aiming to consolidate existing rules and regulations under a standardized national social security framework. Although some specific implementation details are established in the law, such as the contribution terms required in order to be eligible for pension and unemployment benefits, the Social Insurance Law functions more as a statement of broad principles, leaving most of the implementation details for future clarification via additional regulations at the national and local level. The law repeatedly affirms the policy established in the Labour Contract Law, that social insurance benefits remain with workers if they move to different locations, however as is discussed below, this principle has proved very difficult to implement on the ground. And enforcement of the law in general remains very lax, meaning that many workers are denied the social security benefits they are legally entitled to.

The Recommendation requests countries to implement their Social Protection Floors as early as possible in national development processes .

Countries are encouraged to establish social protection floors (**) as a “fundamental element of their national social security systems” and as part of their social, economic and environmental development plans. Those countries who cannot afford the basic social protection measures could seek international cooperation and support to complement their own efforts.

The new ILO Recommendation is the first autonomous one to be voted on social security in 68 years. It comes 24 years after the last legal instrument on social protection was discussed by delegates from governments, workers and employers back in 1988.

In a grim analysis issued on the eve of the G20 leaders summit, the International Labour Organization (ILO) says the global economy is on the verge of a new and deeper jobs recession that will further delay the global economic recovery and may ignite more social unrest in scores of countries.

The new “World of Work Report 2011: Making markets work for jobs” says a stalled global economic recovery has begun to dramatically affect labour markets. On current trends, it will take at least five years to return employment in advanced economies to pre-crisis levels, one year later than projected in last year’s report.

The report also features a new “social unrest” index that shows levels of discontent over the lack of jobs and anger over perceptions that the burden of the crisis is not being shared fairly. It notes that in over 45 of the 119 countries examined, the risk of social unrest is rising.

Jayati Ghosh says aid from Britain benefits the UK more than it does India, and makes a negligible difference to relieving poverty. She discusses India's rapid growth and its social and economic inequality, and calls for an economic strategy that focuses on secure employment

The global economic landscape has evolved dramatically since 2000: developing and emerging economies have been driving global growth, new sources of development finance have mushroomed and the diversification of actors, instruments and delivery mechanisms has continued. Transformations in the poverty map and new forces on the supply side of development finance are challenging the international development architecture. This paper aims to stimulate debate on the future of this architecture. The authors project that, by 2025, the locus of global poverty will overwhelmingly be in fragile, mainly low-income and African, states, contrary to current policy preoccupations with the transitory phenomenon of poverty concentration in middle-income countries. Moreover, a smaller share of industrialised country income than ever before will potentially close the remaining global poverty gap, although direct income transfers are not yet feasible in many fragile country contexts. Against this backdrop, new institutions, business models and practices are challenging long-established ‘aid industry’ actors. Agencies providing development finance for improved social welfare, for mutual self-interest in growth and trade and for the provision of global public goods will find that, in each area, disruptors to their programmes may force a change in positioning.

China's factory activity shrank again in December as demand at home and abroad slackened, a purchasing managers' survey showed on Friday.

"While the pace of slowdown is stabilising somewhat, weakening external demand is starting to bite," said Qu Hongbin, China economist at HSBC.

China's once turbo-charged economy is on track to slow for a fourth successive quarter, easing further from the first quarter's 9.7% annual growth rate with economists expecting the final three months of the year to have slipped below 9.5%.

Under the “Partnership Agreement for Promoting Technical Cooperation with a Focus on South-South Initiatives”, the People’s Republic of China is committing US$1 million over three years to support South-South cooperation and the Decent Work agenda. The Ministry of Human Resources and Social Security of the People’s Republic of China will assist developing countries in Asia promote full employment and decent work, through innovative technical cooperation projects that will facilitate the dissemination of good practices.

The agreement makes China the second of the so-called BRICS countries (Brazil, China, India, the Russian Federation, and South Africa) to sign a South-South agreement with the ILO.