International Economic Policy (Dec 2016)
The deficit of decent work as a global problem of social and labor segment
Abstract
The overview of the current trends in social and labor segment globally and in the Ukrainian economy is provided. The crises in functioning of the social and labor segment as the forms of expression of the deficit of decent work were isolated. The reasons destabilizing the social and labor segment and limiting the development of the decent work institute are presented. The findings on the situation of self-employment and vulnerable employment worldwide are given. The modern transformations in employment through the lens of decent work are disclosed, with a focus on vulnerable employment. A correlation between inequality in income and a deficit of decent work is shown. The relationship and interaction between decent work and human values in terms of the new economy and postindustrial society development as a philosophical platform of the modern concept of decent work is proven. The aggravation of the crisis of values of the labor g life in the light of deficit of the decent work is explained. The conceptual foundations of the decent work are revealed. The author's vision of the decent work institute as an integrated political, economic, and social platform of sustainable development is reasoned. The criteria and components of the decent work are presented. The importance of inclusive labor markets to expand the scale of decent work is disclosed. The strategic landmarks of overcoming the deficit of decent work are delineated.
