Social Security Options for Informal Sector Workers in Emergent Economies and the Asia and Pacific Region

Abstract

Abstract Does any form of social security make sense in emergent economies, such as those in Asia and the Pacific, where most of the labour force is involved in the informal sector? This article explores various options. Though there are structural obstacles, such as the increasing casualization of labour, the inability of low paid employees to save for the future and widespread corruption, the state is not devoid of policy opportunities. A bottom‐up approach engaging local community organizations to provide suitable security measures is one important option. However, this needs to be achieved in the context of a multifaceted approach to create an environment of decent work and training that increases individuals’ employability.