As labour markets around the world continue to reel from the\u00a0COVID-19 crisis, ILO Director-General, Guy Ryder, has called for sustained social spending as well as structural changes to counter the dangers of growing poverty, joblessness and inequality. In\u00a0statements submitted to the Annual Meetings of the International Monetary Fund and the World Bank Group\u00a0, Guy Ryder outlined the particularly harsh impact of COVID-19 on many of the two billion workers in informal employment, as well as on those with little protection such as temporary, domestic or migrant workers. \u201cWhile some have access to sick leave and health services and continue to receive a salary, for many of those at the bottom of the income distribution, the consequences of COVID-19 have been catastrophic,\u201d he said. \u201cThe COVID-19 crisis has exposed deep-rooted inequalities. Without profound structural changes these will merely intensify, with consequences that would be very difficult to predict.\u201d Ryder called for post COVID-19 policy frameworks to be consistent with the principles set out in international human rights instruments and social security standards. \u201cToday this is particularly relevant in order for fiscal policies to underpin much-needed investments in universal social protection systems,\u201d said Ryder. Most states have mobilised their social protection systems. However, many of the adopted measures have been temporary and often insufficient to offset the steep decline in incomes during this protracted crisis. Many countries have adopted large scale fiscal packages in response to the crisis, particularly to support incomes and businesses. However, the ILO has found that fiscal stimulus has been unevenly distributed worldwide when compared to the scale of labour market disruptions. Nearly nine-tenths of the global fiscal response to the crisis has been in advanced countries. \u201cFilling the stimulus gap in emerging and developing countries requires greater international solidarity while improving the effectiveness of stimulus measures. The poorest countries should not be forced to choose between honouring their debt obligations and protecting their people,\u201d said Ryder. A human approach to recover faster and better The ILO Director-General also warned against the profound and lasting effects of the COVID-19 crisis on the world economy and living conditions, in the context of global transformations already underway, driven by automation, geopolitics, ageing, migration and climate change. \u201cA combination of crisis-related and structural pressures could create a perfect storm of challenges for employment, household income and other aspects of human security in many countries over the next decade. These are the ultimate determinants of consumer and investor confidence, aggregate demand and economic growth and development,\u201d Ryder said. \u201cThe world economy needs to find a new, or at least supplemental, engine of economic recovery\u201d he said, referring to the fundamental building blocks of economic and social progress: widely available employment for all, skilling opportunities, decent working conditions, sustainable enterprises, adequate social protection and increased gender equality, with all of the contributions to productivity growth, purchasing power and consumer and investor confidence these bring. \u201cAn extraordinary collective effort, built on social dialogue and focusing more directly on strengthening these cornerstones of national economic strength and social cohesion will be required if the world is to achieve its stated ambition of building back better \u2013 and faster \u2013 from the crisis,\u201d he concluded.