International Labour Compensatory Facility

E/CN.4/1503 page 47

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103. As the overview of the decade relating to international migration flows

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 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 agenda of the ILO, might be

worthwhile exploring further in the context of mass exodus

situations relating to migratory flows.

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