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55<br />

8. Emerging social issues<br />

Well-grounded doubts exist regarding <strong>the</strong> ec<strong>on</strong>omy’s capacity to sustainably create <strong>the</strong> formal<br />

employment necessary to increase social protecti<strong>on</strong> coverage. Employment informality is a growing<br />

phenomen<strong>on</strong> in some ec<strong>on</strong>omies. Structural changes in <strong>the</strong> ec<strong>on</strong>omy, such as <strong>the</strong> transiti<strong>on</strong> to a green<br />

ec<strong>on</strong>omy, must be accompanied by adequate social protecti<strong>on</strong> notwithstanding modificati<strong>on</strong>s in <strong>the</strong><br />

structure of employment.<br />

In <strong>the</strong> coming <str<strong>on</strong>g>years</str<strong>on</strong>g>, States will need to rally all <strong>the</strong>ir resources to tackle organized crime,<br />

whe<strong>the</strong>r profit-seeking (human trafficking, drug smuggling, c<strong>on</strong>traband, waste trafficking, tax evasi<strong>on</strong><br />

and so <strong>on</strong>) or filling gaps left by <strong>the</strong> breakdown in traditi<strong>on</strong>al social relati<strong>on</strong>s (gangsterism).<br />

With c<strong>on</strong>flicts breaking out across <strong>the</strong> globe, security is <strong>on</strong>e of <strong>the</strong> foremost issues being<br />

discussed to<strong>da</strong>y. The human pers<strong>on</strong> must be placed at <strong>the</strong> centre of security c<strong>on</strong>cerns and <strong>the</strong> close link<br />

between <str<strong>on</strong>g>development</str<strong>on</strong>g> and security needs to be recognized. Human security emerges as a new c<strong>on</strong>cept that<br />

focuses <strong>on</strong> <strong>the</strong> lack of security affecting <strong>the</strong> <strong>da</strong>ily lives of people and <strong>on</strong> <strong>the</strong>ir dignity <strong>from</strong> an integrating<br />

and multidimensi<strong>on</strong>al approach (as opposed to a defensive <strong>on</strong>e). It calls for an interventi<strong>on</strong> approach (or a<br />

combined policy) designed to safeguard human life and give people a sense of security in <strong>the</strong>ir homes, at<br />

work, in <strong>the</strong>ir communities and <strong>the</strong>ir territories, and also for enabling pers<strong>on</strong>s to develop <strong>the</strong>ir potential,<br />

participate fully in decisi<strong>on</strong>-making and ward off, resist and c<strong>on</strong>fr<strong>on</strong>t threats, making <strong>the</strong>m less<br />

vulnerable. This is <strong>the</strong> most important qualitative leap of human security over traditi<strong>on</strong>al security. It<br />

enhances <strong>the</strong> dimensi<strong>on</strong> of human dignity, emphasizing a dimensi<strong>on</strong> that is rarely addressed or taken into<br />

account in policymaking and <str<strong>on</strong>g>development</str<strong>on</strong>g> planning: culture and people’s emoti<strong>on</strong>s. The c<strong>on</strong>tours of<br />

security extend far bey<strong>on</strong>d a pers<strong>on</strong>’s survival to encompass matters such as emoti<strong>on</strong>s, love, culture and<br />

faith, and <strong>the</strong> tendency for people to identify with a place (territory) (UNCRD, <str<strong>on</strong>g>20</str<strong>on</strong>g>11b).<br />

B. ECONOMY AND SUSTAINABILITY<br />

The directi<strong>on</strong> of macroec<strong>on</strong>omic policy, producti<strong>on</strong> structure and sustainability are also str<strong>on</strong>gly tied to<br />

<strong>on</strong>e ano<strong>the</strong>r. In <strong>the</strong> l<strong>on</strong>g term, growth with equity and sustainability depends up<strong>on</strong> productive<br />

diversificati<strong>on</strong> with a <str<strong>on</strong>g>sustainable</str<strong>on</strong>g> energy pattern, a broader array of export destinati<strong>on</strong> markets and a rise<br />

in total factor productivity (ECLAC, <str<strong>on</strong>g>20</str<strong>on</strong>g>10a). In <strong>the</strong> past <str<strong>on</strong>g>20</str<strong>on</strong>g> <str<strong>on</strong>g>years</str<strong>on</strong>g>, <strong>the</strong> regi<strong>on</strong> has not succeeded in closing<br />

productivity gaps with developed countries or in transforming its producti<strong>on</strong> structure, which remains<br />

heavily based <strong>on</strong> natural-resource-intensive sectors —which generates heavy pressure <strong>on</strong> natural<br />

resources, soils and <strong>the</strong> atmosphere— and <strong>on</strong> manufacturing sectors with little value added, which limits<br />

potential for growth and for improving <strong>the</strong> poverty and inequality indicators described earlier (ECLAC,<br />

<str<strong>on</strong>g>20</str<strong>on</strong>g>10a). The current c<strong>on</strong>diti<strong>on</strong>s are, however, favourable for bringing <strong>the</strong> acti<strong>on</strong>s of <strong>the</strong> State towards<br />

<str<strong>on</strong>g>sustainable</str<strong>on</strong>g> and inclusive patterns of <str<strong>on</strong>g>development</str<strong>on</strong>g>.<br />

1. Growth, investment and <strong>the</strong> exchange rate<br />

When <strong>the</strong> Earth Summit was held in 1992, <strong>the</strong> Latin American and Caribbean regi<strong>on</strong> was emerging <strong>from</strong><br />

a decade of ec<strong>on</strong>omic adjustments, instability, external borrowing problems and low growth, all of which<br />

undermined <strong>the</strong> capacity of its governments to resp<strong>on</strong>d to rising poverty and social challenges. The<br />

pressure to generate hard currency led to a preference for activities capable of yielding visible results in<br />

<strong>the</strong> short term (Sunkel, 1985, 1990). The 1990s were <str<strong>on</strong>g>years</str<strong>on</strong>g> of profound changes in policies and growth

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