This was established by the ILO in February 2002, at the initiative of Juan Somavia, Director-General of the ILO, in response to the needs of people trying to cope with the unprecedented changes that globalization has brought about in their lives. The World Commission report, A fair globalization Creating opportunities for all, argues that persistent imbalances in the current working of the global economy are both ethically unacceptable and politically unsustainable. The vision put forward by the Commission is to bring into being a system of governance that is supportive of and conducive to national development strategies, where powerful actors are held accountable and where the economic objectives would place the needs and aspirations of ordinary people at the centre of rules and policies. The Commission was co-chaired by the Presidents of Finland and of the United Republic of Tanzania. See: Social clause; Social dimension of the liberalization of international trade