The global informal economy is only growing.
Not exact matches
Secondly, he noted «the root causes of the
global crisis have not been prop ¬ erly tackled» with the financial system remaining «the Achilles heel of the world
economy» and thirdly, «little progress is being made in reducing working poverty and vulnerable forms of employment such as
informal jobs and undeclared work.»
The Philippine organizers of the
Global March mention following: widespread poverty and social inequality resulting in the erosion of the family's capacity to nurture and protect children, the rise of
informal economy requiring simple skills and technologies, globalization of capitalism where underdeveloped nations provide the rich with cheap labor, disrupted family patterns due to migration, AIDS, etc. and inadequate basic services from government, including education, due to cut of the state budget of non-profit sectors to follow structural adjustment programme dictated by the IMF and the World Bank.
However, we believe that in the long - term, public blockchains, especially those based on work, will come to take a more significant part in the «System D'
informal economy, which is where most of the
global economic growth will originate.»