1887

Informality and Globalisation

In Search of a New Social Contract

image of Informality and Globalisation

Globalisation and rapid technological change have radically transformed labour markets, affecting the lives and prospects of billions of workers. Those in the informal economy, the vast bulk of the workforce in the Global South, have been bearing the brunt. This report is for policy makers seeking to address the factors that make those workers in informality vulnerable. It provides them with a distinctive cross-country comparison of recent informality trends, and how they were affected by the recent crises such as the COVID-19 epidemic, casting light on the impacts of sub-contracting models in global value chains, and digital labour platforms. It argues that an inclusive recovery and greater resilience to future crises necessitate that many countries renew their social contracts, to make them more inclusive of informal workers and their families.

English

Foreword

Informality has been at the heart of the OECD Development Centre’s work since its creation. In 2009, its seminal report Is Informal Normal? highlighted the fact that, despite a preceding decade of fast growth and poverty reduction worldwide, most workers were in fact operating in the informal economy. It helped frame the Centre’s Multi-dimensional Review of Peru in 2015and the Multi-dimensional Review of Paraguay in 2018.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error