We dive into the world of the informal economy—defined as the economic activities and enterprises operating outside formal government regulation, labor protections, and taxation systems.

With over 60% of the global workforce employed informally, this sector serves as a vital foundation for livelihoods and poverty reduction worldwide.

We explore the distinction between the informal sector (unregistered enterprises) and informal employment (unprotected jobs), highlighting how informal employment can even exist within formal businesses.

Despite its immense contributions to economic resilience and gender equity, the informal economy faces significant challenges, including a lack of legal protections and limited access to financial resources.

Join us as we discuss actionable solutions, from inclusive economic policies to expanded social safety nets, and uncover why this overlooked segment of the global financial system deserves greater recognition and support.

Read our blog https://abusonadustyroad.com/what-is-the-informal-economy-and-why-does-it-matter/

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