Unions Call for OECD Action on Private Equity
Union leaders from OECD countries and innernational trade union organizations will call on governments to reinforce international rules and domestic policies to manage the social and environmental cost of globalisation at consultations between the TUAC and OECD Ministers on the evening of 14 May. In a statement issued ahead of the Annual OECD Ministerial (15-16 May), the unions call on OECD Governments to rebalance growth, to invest in social protection and education, and to strengthen rules on international trade, investment and capital flows.
The statement also calls for a coordinated series of OECD regulatory measures in response to the destructive impact of private equity and hedge funds,