An initial assessment of the impact of COVID-19 on the global world of work says the effects will be far-reaching, pushing millions of people into unemployment, underemployment and working poverty, and proposes measures for a decisive, co-ordinated and immediate response.

Input from the Civil Society Financing for Development Group in response to the announcement by the Presidents of the UN Economic and Social Council and the UN General Assembly, regarding the establishment of a High-level Panel on International Financial Accountability, Integrity and Transparency for Achieving the 2030 Agenda.

The Czech Republic has enjoyed steady economic growth, low inflation and low unemployment in recent years. Income inequality (Gini coefficient 0.25) is the third lowest among OECD countries. In 2018 the proportion of citizens at risk of income poverty (relative poverty - with an income of 60% or less of the national median) were about 10% of the population, while those in absolute poverty (‘materially deprived’) were 8% of the population. Older citizens (65+ years) are worse off than other age groups. In 2018, 10% of households with children (30% of which were single- adult households - single mother or single father) found themselves in income poverty. Furthermore, Czechia has one of the highest proportions of homeless people in the European Union (0.65 % of the population).

The potential of partnerships with the private sector dominated the narrative characterizing the initial phase of implementation of the 2030 Agenda for Sustainable Development. In relation to SDG 2, a prominent multi-stakeholder platform is the Scaling Up Nutrition ‘Movement’. Laura Michéle and Kavya Chowdhry (FIAN International), Patti Rundall (IBFAN) and Stefano Prato (SID) explain that as documented by a multi-country study, this case exposes how interventions promoted by MSPs often do not address the social, cultural, economic and political determinants of malnutrition and rather emphasize short-term, technical interventions, owing to private sector influence in the context of a consensus driven process.

High individual and household debt, which accounts for a significant portion of private debt in most countries, has been associated with inequality, macroeconomic instability, unsustainable sovereign debt and financial crises.

This is one of the main conclusions highlighted by Mr Juan Pablo Bohoslavsky, the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of human rights, in his report to the UN Human Rights Council.

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