Employment is a global problem that cannot be fully solved by individual countries in isolation. Policy measures at the national level influence trade and investment flows and employment rates in other countries. Economic growth and expansion of employment in one country enhance employment opportunities in other countries as well. Therefore, co ordination of policies is in the interests of the global community. A comprehensive and coordinated international effort is called for to improve the global climate for economic growth and job creation by evolving stable and supportive policies to regulate capital flows, foreign trade, debt, commodity pricing, immigration and labour movements, transfer of technology, investment, military spending and the arms trade. We set forth below a broad policy