- Title
- South Africa’s Informal Economy and COVID-19. COVID-19 and the Informal Economy
- Creator
- Rogan, Michael, Skinner, Catherine
- Subject
- To be catalogued
- Date
- 2024
- Type
- text
- Type
- book
- Identifier
- http://hdl.handle.net/10962/478007
- Identifier
- vital:78146
- Identifier
- ISBN 9780198887041
- Identifier
- 10.1093/oso/9780198887041.001.0001
- Description
- Since the onset of the COVID-19 pandemic, it has been recognized that informal workers would be among the most severely affected (ILO 2020). This is a departure from the past, where it has often been assumed that the informal sector absorbs jobs which have been lost in the formal sector due to greater flexibility in the ability to respond to downturns and to make adjustments at the intensive margins (Ohnsorge and Yu 2021; Verick 2010). However, not only is the current crisis fairly unique in the way it has impacted on labour markets in particular and economies in general, but also the effects of the crisis have been experienced most acutely in the sectors of the labour market in which women, young people, and informalworkersaremostheavilyconcentrated.Togetherwithawell-documented gendered component to the crisis (Alon et al. 2020), this has meant that informal economies in middle- and low-income countries have been left exposed and with few resources to recover. The fact that the majority of employment in these economies is informal (ILO 2018; Ohnsorge and Yu 2021) then translates into a vicious cycle of reduced demandandlimitedfiscalspacetostimulatetheeconomy (Mhlana et al. 2023).
- Format
- 353 pages, pdf
- Publisher
- Oxford University Press
- Language
- English
- Relation
- Rogan, M. and Skinner, C., 2024. South Africa’s Informal Economy and COVID-19. COVID-19 and the Informal Economy, p.207. Oxford University Press
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the Oxford University Press Statement (https://www.oxford.co.za/)
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