The book takes up the challenges of gender equality in informal institutions though a feminist institutionalist lens.

Political institutions profoundly shape political life and are also gendered. This groundbreaking collection synthesises new institutionalism and gendered analysis using a new approach - feminist institutionalism - in order to answer crucial questions about power inequalities, mechanisms of continuity, and the gendered limits of change.

Informal institutions — family and kinship structures, traditions, and social norms — are often decisive factors in shaping policy outcomes and this book advocates a pragmatic way of dealing with them.

Since women account for almost 50 percent of the world's population, the sustainability of development of the global economy can be greatly impaired if the state authorities in individual countries pay less attention to the improvement in the socio-economic status of women relative to men. Improvement in socio-economic status which facilitates empowerment of individuals is greatly dependent on conducive informal institutions and state institutions. This book is the first of its kind to critically examine the role of these institutions in women's empowerment in five continents in the world. The analysis of the role of institutions in individual countries is underpinned by a robust theoretical background presented in the first three chapters. The chapters on individual countries also include a section dealing with recommendations for changes in state policies affecting women's empowerment.

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.