This overcapacity crisis can only be resolved with the involvement of social partners through social dialogue. Workers and communities facing displacement must receive training and assistance in order to manage transitions and reincorporate workers into the formal economy. Young workers must be given opportunities through collectively bargained apprenticeship and training programs. Core ILO standards must be respected and reinforced throughout this process.
Success should be determined by social and environmental value added, and not by short-term profits. Specific attention needs to be paid to demand-side initiatives to address excess capacity, the majority of which is located in China. The consequences for workers of the capacity crisis will require a balanced and sustainable solution which safeguards jobs in global value chains. During such a process the Global G20 Forum must take and incorporate appropriate measures in accordance with these principles.