Knowledge Tree
Relations (1)
cross_type 2.32 — strongly supporting 4 facts
The International Labour Organization is directly linked to debt bondage through its role in quantifying the prevalence and economic impact of the practice in [1] and [2], as well as its historical involvement in establishing international conventions to abolish it in [3] and its advocacy for legal frameworks to punish those who engage in it in [4].
Facts (4)
Sources
Debt bondage en.wikipedia.org 4 facts
perspectiveInternational labor laws need to be created by authorities such as the International Labor Organization, the World Trade Organization, Interpol, and the United Nations that have the power to adequately punish those who practice debt bondage.
measurementIn 2021, the International Labour Organization estimated that 5.8 million people, or 20.9% of the 27.6 million people participating in forced labour, were in debt bondage.
claimThe Supplementary Convention on the Abolition of Slavery in 1956 provided the first formal opposition to debt bondage, following the 1930 Forced Labour Convention by the International Labour Organization.
measurementThe International Labour Organization (ILO) estimates that $51.2 billion is generated annually through the exploitation of workers via debt bondage.