Social Protection for the Informal Economy

This book talks about Africa's massive informal economy, the main source of jobs in the region, is expected to keep growing. Despite its established presence, challenges abound. Low productivity, limited resources, and vulnerability to shocks plague this sector. Informal workers, especially women, often lack access to social safety nets and financial tools. The COVID-19 pandemic exposed these vulnerabilities, prompting governments to utilize technology and innovation to deliver social protection programs and support economic recovery, particularly in urban areas. While these swift responses were successful, they were temporary measures. Long-term solutions are needed to address the inherent challenges of Africa's informal economy.

Region
Resource Type
Resource Organization
The World Bank
Year
2021
Organization