Human rights based approach to recovery from the global economic and financial crises, with a focus on those living in poverty 2011, para. 82
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Today, States have the opportunity to address the problems in the architecture of the global financial and monetary systems that have been exposed by the crises. The weaknesses of a deregulated free market have been brought into sharp relief in recent years, and States should utilize this moment to meet the challenge of restructuring the global financial system so that it is more equitable and protects against economic shocks with the potential to devastate the lives of the most vulnerable.
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Non-negotiated soft law
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Special Rapporteur on extreme poverty and human rights