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Since COVID-19 has disrupted the global economy and war also escalate a recession which

estimates that nearly half of the global workforce is facing the risk of losing their livelihoods.
● Facts about Decent Work and Economic Growth

• Since 2020 the global economy has recovered to 4.4 annual growth rate but now has
to decline to 2.1 in 2022 due to Ukraine crisis. Working productivity has rebounded
to 3.2% growth output per worker.
• This two examples highlight the necessity to focus on the subgoals and sustain the

economic growth per capita, achieve higher levels of economic productivity, promote
policies that support productive activities, improve global resource efficiency in
consumption, achieve full and productive employment, reduce the proportion of youth
unemployment, eradicate forced labour, protect labour rights and safe, secure
working environments, enable sustainable tourism, strengthen domestic financial
institutions, increase aid for developing countries and implement the ILO Global Job

Pact.
● Selected objectives and strategies, Further relevant aspects

1. How to growth

• Although capitalism has caused many current problems, its core ideas are still
important today to achieve sustainability goals: property rights, free markets, profit
orientation, no central planning.
• The SDG8 does not call to growth criticism. In the meanwhile there are future
economic alternatives: De-growth; Donougt economy, circular economy (linked to
decoupling).

2. Decent work

• Aspects for decent work can be found with the International Labour Standards, but
what does decent work mean? Physically & mentally. Implementing these aspects
with a global wide Standard as the SA 8000 may support a company.

3. Limitations of SDG8

• Marginal utility of SDG 8 and upcoming challenges, because economic growth
without resource decoupling will lead to a negative ecological impact.

SDG 10 - Reduced Inequalities

The aim of the sub-module is to promote equal pay and provide equal rewards for equal work for
all people regardless of gender, colour, caste, creed, religion and other aspects of diversity. (a
potential legal risk). Prevention in the area of population inequality is particularly important, and

the problem must be tackled at the root. Civic participation leading to a reduction in inequalities,
involving citizens in urban decision-making processes is appropriate. When planning public

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