Ilo decent work agenda and informal economy benefits economics essay

Specifically, feminist scholars have welcomed the emergence of decent work, because of its explicit concern with non-standard work, informal labour and care work. The second, more pessimistic line is critical of the decent work agenda, seeing it as compatible with or even reinforcing neo-liberal hegemony, especially because of its embrace of soft labour regulation and corporate social responsibility. This article aims to analyse the paradoxes of decent work by putting this discourse in its historical and theoretical context. Second, the article interrogates two different ILO initiatives, each of which is underpinned by one of these decent work imaginaries, in terms of the ways they may challenge or reinforce neo-liberal hegemony — the Domestic Workers Convention and the Better Work Programme.

Ilo decent work agenda and informal economy benefits economics essay

According to ILO, measuring the informal economy is a key first step in achieving SDG 8 decent work and economic growthparticularly its indicator on the proportion of the population engaged in informal employment. The UN International Labour Organization ILO released a report finding that over two billion people globally earn their living in the informal economy.

The majority of these lack decent working conditions, rights at work or social protection. The report underscores the relationship between the informal economy and poverty, explaining that poverty rates are higher among informal workers. The report identifies education as a key factor affecting informal employment, finding that the level of informality decreases as education levels increase.

People living in rural areas are nearly twice as likely to be engaged in informal employment compared to those in urban areas.

Ilo decent work agenda and informal economy benefits economics essay

When agriculture is excluded, half of the employed population works in informal employment. In Africa, informal employment makes up In Asia and the Pacific, In the Arab States, In Europe and Central Asia, Informal economy "Around half of the world’s workforce operates in the informal economy.

Informal economies are typically characterized by a high incidence of poverty, inequality and vulnerability to decent work deficits. Watch video · Persistent decent work deficits in Asia-Pacific.

Working poverty, informality and vulnerable employment are amongst the persistent challenges of Asia-Pacific labour markets according to a new ILO . The social gains of involving young Timorese in productive and decent employment would also have immense welfare benefits for the country, primarily by keeping youth away from indulging in violent activities.

Promoting Jobs, Protecting People

The ILO Report on Global Employment Trends for Youth employment states “idle youths create a sense of vulnerability, uselessness and redundancy.”. Ilo Decent Work Agenda And Informal Economy Benefits Economics Essay.

Print Reference this. Published: 23rd March, A synopsis on informal economy and decent work agenda will first be outlined and how this applies to the head porter in Ghana. Finally, a conclusion will be drawn with some policy recommendations. Economics . The Paradoxes of Decent Work in Context: A Cultural Political Economy Perspective1 F elix Hauf, Goethe University Frankfurt, Germany ABSTRACT Scientific discourses of decent work can be roughly grouped into two main lines of interpretation.

The ILO and the concept of Decent Work. Print Reference this. Published: 23rd March, the formal or informal economy or self-employment, desire levels of remuneration in cash or kind that provide at least a minimum standard of living for their families.

Ilo decent work agenda and informal economy benefits economics essay

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