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Economic, Social, and Cultural Rights in International LawContemporary Issues and Challenges$
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Eibe Riedel, Gilles Giacca, and Christophe Golay

Print publication date: 2014

Print ISBN-13: 9780199685974

Published to Oxford Scholarship Online: May 2014

DOI: 10.1093/acprof:oso/9780199685974.001.0001

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Economic and Social Rights in the ‘Great Recession’

Economic and Social Rights in the ‘Great Recession’

Towards a Human Rights-Centred Economic Policy in Times of Crisis

Chapter:
(p.86) 3 Economic and Social Rights in the ‘Great Recession’
Source:
Economic, Social, and Cultural Rights in International Law
Author(s):

Sally-Anne Way

Nicholas Lusiani

Ignacio Saiz

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199685974.003.0003

This chapter examines how human rights can guide policy responses to the global economic crisis. It considers the impacts of the successive waves of financial and economic crisis on economic and social rights; examines the key human rights principles and standards most relevant for guiding economic policymaking in this context; explores how these standards and principles can be made operational as governments develop their crisis mitigation and economic recovery policies; and discusses the challenges of integrating human rights in policy responses to the crisis, and in economic policy more broadly. It is argued that the crisis is a historic opportunity to re-envision the role of the state in the economy, not only to promote economic growth, but to uphold economic and social rights for all.

Keywords:   global economic crisis, financial crisis, human rights law, economic policy

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