Multilateralism

Multilateralism is in crisis. Corporate interests have pushed it to the edge. International Financial Institutions have championed austerity and undermined the conditions of working people; trade rules have paved the way for the concentration of wealth into the hands of the few; and the UN system has been weakened.

The ITUC is working towards a New Social Contract that puts people back at the centre of multilateralism. The ILO has the authority to be a lighthouse in the crumbling multilateral system. Reforms at the IMF, the World Bank and the WTO are needed to put rules on profit to truly deliver rights for people.