Social insurance schemes for informal and ‘gig’ workers: Chatham House’s Christopher Sabatini

Today’s social insurance programs largely exclude informal and ‘gig economy’ workers. Reforms will need, among other things, to fill this gap by expanding the coverage of voluntary, individualized social insurance to these sectors, stated a report published by Chatham House’s Senior Research Fellow for Latin America, US, and the Americas Programme, Christopher Sabatini. Given that fiscal pressures associated with the pandemic will make it difficult for governments to subsidize new schemes sufficiently, there is a role for the G20 and international financial institutions to provide assistance, for example through conditional loans, grants and debt relief, he warned. Key Takeaways The COVID-19 pandemic is exacerbating economic and social insecurity for more than 2 billion people – the vast bulk of them in developing countries – employed in the […]

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The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]