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Why is it important for employers organizations to take action on the informal economy?

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Why is it important for employers organizations to take action on the informal economy?

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Employers’ organizations, particularly in developing and transition countries, are strategically well-placed to provide policy guidance on how best to address the issue of the informal economy and to reach out to informal operators. Over recent years, the ILO, its Bureau for Employers’ Activities (ACT/EMP), and an increasing number of employers’ organizations at the national and branch levels have reached a broader understanding that, by adopting initiatives in the area of the informal economy, representative organizations of employers: • can play a significant role in drawing attention to the pressing need for action and in bringing into the mainstream the considerable potential for employment and wealth creation that is currently marginalized in the informal economy; • in terms of the interests of their member enterprises, they can make contributions to achieving a more level playing field by ensuring that informal competitors are subject to the same requirements as their members, th

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