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Toby Sanger, an economist with the Canadian Union of Public Employees (CUPE) said that with PSI and ITUC’s help these financial institutions have progressed in recognizing the importance of wage-led growth, reducing inequalities and having social protection floors to create economic growth. The IMF and the World Bank, however, need to recognize the importance of public services and stop promoting privatisation, through Public-Private Partnerships (PPPs), contracting out or through trade deals.
Marie-Danielle Pierre-Charles, who works for the Public Service Workers Confederation (CTSP) in Haiti, insists on the need for these financial institutions to consult with the trade unions. Collective bargaining is essential for redistribution and for growth.