Formalization of the economy is a complex and long term process that often requires to combine interventions on laws and regulations with those aiming to foster productivity and the ability to generate wealth. For part of the workforce, the reduction of decent work deficits is the first step toward a progressive formalization in the longer term. The significant reduction of informality in some countries illustrates that achieving results is largely possible.
At its 104th Session (2015), the ILC adopted R204, based on strong tripartite consensus and near unanimous vote, following a two-year process of consultations.
This umbrella theory of change provides the main pathways for the transition to formality of workers and enterprises. It is a general framework that can inform the development of theories of change focused on a specific sector, occupational groups, forms of informality or policy areas.
This publication provides for the 1st time comparable estimates on the size of the informal economy & a statistical profile of informality in all its diversity at the global and regional levels.
Courses designed to increase capacity of constituents to effectively collect data & to design, implement, monitor, evaluate formalization policies and strategies.