The informal economy represents 30–90 per cent of employment in developing countries and as much as 10 per cent in certain developed economies. Informality persists in counties even in the presence of steady growth.
Promoting decent jobs and enterprises within the informal economy has become a major development challenge, nationally, across regions and as a global development goal. It contributes to SDGs 8 “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”
To achieve this objective, decision makers need evidence-based knowledge about “what works” and “what does not” in facilitating the transition to formal economy and decent work.
The Employment Policy and Analysis Programme offers capacity-building activities on informal economy to disseminate knowledge of the patterns and effectiveness of policy packages for formalization worldwide. The courses are designed to increase the capacity of constituents to effectively collect data on informality, and to design, implement, monitor and evaluate formalization policies and strategies.
The portfolio of activities on informal economy of the Centre draws on the wealth of experience and knowledge accumulated over the years by the ILO on the informal economy and formalization and build on the guidelines of R204 concerning the transition from informal economy to formal economy adopted by member states in June 2015.
R204 calls for member states to undertake a proper assessment and diagnostic of factors, characteristics, causes and circumstances of informality and to design and implement coherent and integrated strategies to facilitate the transition to the formal economy.
The academy aims to enhance the capacity to formulate, implement and/or evaluate formalization policies through effective diagnostic analysis, better understanding of concepts and approaches for measuring informality, and its drivers and impacts on the world of work. Read More