Adopted in 2000 by the International Labour Organization (ILO), the Maternity Protection Convention (C183) set the minimum standards that need to be implemented worldwide in order for pregnant women and working mothers to be adequately protected in the labour market. Since its adoption, 39 countries have ratified the Convention. Georgia, an ILO member since 1993, has not yet done so.
The Maternity Protection Convention, 2000 (No. 183), was established by the ILO to promote “equality of all women in the workforce and the health and safety of the mother and child”. The Convention sets minimum standards that need to be implemented in order for pregnant women and working mothers to be adequately protected in the labour market.
This report highlights the derivation of sector-specific output (revenue), employment, and investment multipliers based on the Input-Output framework for the Georgian economy, which portrays the potential spillover effects of an increase in final demand for the products of a given sector on the whole economy.
In the past several months the world has been rocked by profound economic and social turbulence. The COVID-19 epidemic has forced many countries around the world into widespread emergency lockdowns. Economic activity plunged dramatically in February-March 2020, with rapid indicators showing strong contractions in retail, restaurant business, and passenger transport.
As the novel coronavirus COVID-19 outbreak continues to spread around the world and has been declared a global pandemic by the World Health Organization, the next global economic recession is no longer an “if” or even a “when” event. Unfortunately, it is already upon us. In just the past few days.
The advent of globalization in recent decades has had a profound impact on the development path of countries around the globe. The rapid development of ICT technologies coupled with global tendencies to reduce tariff and non-tariff barriers since WWII made possible economic integration between countries on the scale never imagined before.