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Rapid Assessment for Resilient Recovery and ... - GFDRR

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The ILO is also well placed to provide support to address the additional vulnerability of<br />

migrant workers caused by the floods through its existing technical cooperation project<br />

(TRIANGLE). In order to ensure that migrants’ rights are protected <strong>and</strong> their legal status<br />

is maintained, The TRIANGLE project will work with government, workers’ <strong>and</strong> employers’<br />

organizations to ensure that migrant workers’ rights are protected <strong>and</strong> their legal status is<br />

maintained.<br />

Partners working with migrant workers suggest that, in the immediate term, migrants that<br />

decide to return to their home countries should be guaranteed safe return without the<br />

threat of arrest or extortion. They also suggest that, when the waters recede, there should<br />

be sufficient flexibility to allow registered migrants to re-enter the country <strong>and</strong> either take<br />

up their old positions, or transfer to a new employer in a new sector or in a new province if<br />

necessary.<br />

Create Policy-Based Incentives to Ensure Credit <strong>and</strong> Financing is Available<br />

Financing, loans, <strong>and</strong> credit will be crucial to rebuilding enterprises at every level to ensure<br />

that businesses can make necessary repairs <strong>and</strong> rebuild stronger to limit the impact of<br />

future disasters. Through the Social Security Department, the government has already<br />

implemented beneficial short-term projects to assist enterprises with existing loans <strong>and</strong><br />

extend financing to registered employees.<br />

To ensure medium- <strong>and</strong> long-range growth, policies should be extended to address new<br />

loans <strong>and</strong> encourage lending. This includes everything from large-scale recovery loans<br />

<strong>for</strong> factories <strong>and</strong> medium-large sized enterprises to microcredit <strong>and</strong> financing <strong>for</strong> small <strong>and</strong><br />

medium enterprises, as well as in<strong>for</strong>mal sector entrepreneurs. The government should<br />

consider backing microfinance loans <strong>and</strong> consider subsidizing loans that encourage the<br />

hiring of new workers <strong>and</strong> business expansion.<br />

While encouraging microfinance, policies should ensure that loans are accompanied by<br />

adequate training <strong>for</strong> recipients. These potentially beneficial policies must not lead to<br />

vulnerable groups entering into an irrecoverable level of indebtedness.<br />

These policies must be preceded by an analysis of the financial needs <strong>and</strong> current credit<br />

availability within the flood affected areas. The ILO has a credit market <strong>and</strong> finance mapping<br />

tool that would assist in this ef<strong>for</strong>t.<br />

Use the <strong>Recovery</strong> Ef<strong>for</strong>t as an Opportunity to Strengthen the Local Economy<br />

In spite of the tremendous damage inflicted by the floods, it is still possible to foster a ‘recovery<br />

boom’ <strong>and</strong> create opportunities to use the recovery to strengthen the local economy<br />

in both the short <strong>and</strong> long term. <strong>Recovery</strong> <strong>and</strong> disaster prevention contracting mechanisms<br />

should be reviewed to ensure they favor local businesses wherever possible <strong>and</strong> encourage<br />

labor intensive <strong>and</strong> local-contracting strategies.<br />

THAI FLOOD 2011 RAPID ASSESSMENT FOR RESILIENT RECOVERY AND RECONSTRUCTION PLANNING<br />

213

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