Part I: The SITUATIONBolivia has one of the most informal economies in the world. According to recent studies, 67% of GDP is produced in the informal economy, and 64% of Bolivian workers are informal. For poor countries like Bolivia, informality not only means precarious and unstable labor conditions, it is also a structural obstacle to the country’s economic development in general.
Informality affects Bolivian women more than men because of women’s greater rate of participation in this sector. The presence of so many women in the informal economy represents an elevated opportunity cost for Bolivian society in terms of the sub-utilization of these workers’ productive capacities. Furthermore, informal workers’ rights are the least recognized among the economically active population. As far as their social situation is concerned, women need better economic opportunities and social services in order to reach and maintain dignified living conditions for themselves and their families; however, they have less access to these than their male counterparts.
Next Post….Part II: The VISION
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