The Global Application of This Book

Abstract

There are far and few business, public and non-for-profit sectors on an international basis that are not impacted by today’s economic downturns. In their 2012 report, “Global Employment Trends 2012: Preventing a deeper job crisis,” the International Labour Organisation posited that the world faces the additional challenge of creating decent jobs for the estimated 900 million workers living with their families below the standards of our poverty line (The Financial Express, 2012). Equally critical, the financial crisis of 2008 and the Great Recession have morphed into a global jobs crisis that most forecasts predict will persist for years given current policies (Palley, 2011).