As governments scramble to shore up failing financial institutions and inject stimulus packages into deteriorating economies, the impact on the most vulnerable groups in all societies is going unnoticed, a United Nations commission has warned.
Concrete policy recommendations promoting a more equitable society for people living in poverty, older persons, youth, and migrants and their families, some of those most affected by the current economic meltdown, will be high on the agenda of the Commission for Social Development which it opened its annual meeting on Wednesday.
"With the global financial and economic crisis we already have indications of the growing number of working poor, rising unemployment and growing social unrest," said Ambassador Kirsti Lintonen of Finland.
"Those impacts of the current crisis are expected only to get worse. They undermine social policy and threaten social stability," added Lintonen, Chair of the Commission for Social Development, which is a functional body of the UN Economic and Social Council.
The Ambassador warned that unless swift action is taken, the global financial, food and climate crises will harshly strike the most vulnerable, pushing them to the margins of society.