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The Global Informal Workforce: Priorities for Inclusive Growth

CORINNE DELÉCHAT, LEANDRO MEDINA

July 29, 2021

The informal economy is usually defined as business activities by unregistered firms, but it also includes activities by registered firms that are concealed from authorities. (iStock by Getty Images/AfricaImages)
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CORINNE DELÉCHAT, LEANDRO MEDINA - The Global Informal Workforce: Priorities for Inclusive Growth
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In This Episode

60 percent of the working-age population worldwide operates in the informal sector. A new book titled The Global Informal Workforce, Priorities for Inclusive Growth uses IMF research to study the causes and effects of the high levels of informality in economies across the globe. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. In this podcast, co-editors Corinne Deléchat and Leandro Medina say the pandemic has exposed the vulnerabilities of the informal workforce. Transcript

The book is available at elibrary.imf.org

CORINNE DELÉCHAT is a division chief in the IMF’s African Department.

LEANDRO MEDINA is a senior economist in the IMF’s Strategy, Policy, and Review Department.

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