COVID-19 and the Informal Economy

A key challenge for the post-COVID-19 global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world’s workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist. Today, despite the role of these essentia...

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Almmustuhtton: Oxford University Press 2024
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Liŋkkat:https://library.oapen.org/handle/20.500.12657/90998
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collection Directory of Open Access Books
description A key challenge for the post-COVID-19 global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world’s workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist. Today, despite the role of these essential frontline workers — producing, processing, selling, cooking and delivering food, providing cleaning, childcare, eldercare, healthcare, transport, waste removal, and other essential services — many observers consider the informal economy to be non-compliant (resisting registration and taxation) and associate it with low productivity (a drag on the economy) or with crime (illegal activities) and grime (blight on modern cities). Yet, most informal workers are working poor trying to earn an honest living in often hostile environments. Most suffered severe declines in work and earnings during successive waves of the COVID pandemic, and related restrictions and recessions, and have gone deeper into debt and depleted their savings and assets in order to survive. This book explores and informs answers to that key challenge. It presents findings on the impact of the COVID crisis on informal workers in Asia, Africa and North and Latin America. The chapters of the volume analyse the impact of the COVID crisis on informal workers, interrogate whether and which economic recovery plans and schemes include informal workers and explore what a more inclusive economic recovery and reforms might look like.
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spelling doab-20.500.12854ir-1390112025-07-18T09:46:16Z COVID-19 and the Informal Economy Chen, Martha Alter Rogan, Michael Sen, Kunal Informal workforce, COVID, pandemic, crisis, global economy, economic recovery thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies A key challenge for the post-COVID-19 global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world’s workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist. Today, despite the role of these essential frontline workers — producing, processing, selling, cooking and delivering food, providing cleaning, childcare, eldercare, healthcare, transport, waste removal, and other essential services — many observers consider the informal economy to be non-compliant (resisting registration and taxation) and associate it with low productivity (a drag on the economy) or with crime (illegal activities) and grime (blight on modern cities). Yet, most informal workers are working poor trying to earn an honest living in often hostile environments. Most suffered severe declines in work and earnings during successive waves of the COVID pandemic, and related restrictions and recessions, and have gone deeper into debt and depleted their savings and assets in order to survive. This book explores and informs answers to that key challenge. It presents findings on the impact of the COVID crisis on informal workers in Asia, Africa and North and Latin America. The chapters of the volume analyse the impact of the COVID crisis on informal workers, interrogate whether and which economic recovery plans and schemes include informal workers and explore what a more inclusive economic recovery and reforms might look like. 2024-06-26T04:31:36Z 2024-06-26T04:31:36Z 2024-06-24T12:01:04Z 2024 book https://library.oapen.org/handle/20.500.12657/90998 https://directory.doabooks.org/handle/20.500.12854/139011 eng WIDER Studies in Development Economics open access image/jpeg image/jpeg Attribution-NonCommercial-ShareAlike 4.0 International Attribution-NonCommercial-ShareAlike 4.0 International https://library.oapen.org/bitstream/20.500.12657/90998/1/9780198887072_WEB%20%281%29.pdf https://library.oapen.org/bitstream/20.500.12657/90998/1/9780198887072_WEB%20%281%29.pdf Oxford University Press 10.1093/oso/9780198887041.001.0001 10.1093/oso/9780198887041.001.0001 db4e319f-ca9f-449a-bcf2-37d7c6f885b1 UNU WIDER 353 Oxford open access
spellingShingle Informal workforce, COVID, pandemic, crisis, global economy, economic recovery
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
COVID-19 and the Informal Economy
title COVID-19 and the Informal Economy
title_full COVID-19 and the Informal Economy
title_fullStr COVID-19 and the Informal Economy
title_full_unstemmed COVID-19 and the Informal Economy
title_short COVID-19 and the Informal Economy
title_sort covid 19 and the informal economy
topic Informal workforce, COVID, pandemic, crisis, global economy, economic recovery
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
topic_facet Informal workforce, COVID, pandemic, crisis, global economy, economic recovery
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
url https://library.oapen.org/handle/20.500.12657/90998