COVID-19 Pandemic and the Informal Economy: Exploring its Impact on Workers Wellbeing in Latin America and the Caribbean
Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 7)Publication Date: 2020-07-05
Authors : Valentine Smith PhD;
Page : 528-531
Keywords : COVID-19; pandemic virus; global economy; developed countries; informal economies; developing countries;
Abstract
The paper is an analysis of secondary data from journals, newspaper articles, and personal sources that focused on the effects of the COVID 19 pandemic and the containment measures that involved then informal economies of Latin America and the Caribbean. Globally, workers in informal economies have been particularly vulnerable to the virus. While also being more vulnerable financially. While the COVID 19 virus itself may not discriminate, inequalities embedded in social, economic, and political structures mean that the impact of both the virus and containment measures are significantly worse for vulnerable populations.
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