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International Labour Compensatory Facility
103. As the overview of the decade relating to international
migration flows annexed to this Study amply demonstrates, the
loss of skilled labour and technical manpower to many countries
in the South results in a vicious circle, weakening the develop-
ment efforts of the country and, consequently, the overall economy which, eventually, leads to more people wanting to
leave. One of the areas where the North/South dialogue will
need to produce tangible results for the benefit of both sides is the international regulation of manpower flows. Certain aspects of the problem, mainly those relating to difficulties
in the North emerging from the presence of large numbers of
foreign workers or the so-called guest workers, have received increasing attention in recent years.
104. The United Nations General Assembly is also seized with
the overall question and, at its last session, passed a resol-
ution entitled "Measures to improve the situation and ensure
the human rights and dignity of all migrant workers" (Reso-
lution 36/160). The resolution takes into account the prin-
ciples and standards established within the framework of the
International Labour Organisation (ILO) and the United Nations
Education, Scientific and Cultural Organisation (UNESCO).
105. It is obvious that one
one of the solutions to the problems
created by the flow of labour and the brain drain would be to
compensate the countries suffering the loss, in an appropriate
manner and in accordance with internationally-agreed criteria.
In this connection, the idea of an International Labour Com- pensatory Facility, which would function on similar principles and methods as do the monetary facilities in the context
of the World Bank and the International Monetary Fund, and
which has been introduced on the
introduced on the agenda of the ILO, might be
worthwhile exploring further in the context of mass exodus
situations relating to migratory flows.