Commonwealth Trade Competitiveness Briefing Paper

The Commonwealth Trade Competitiveness Briefing Paper series provides evaluative and strategic research on new and emerging trade issues of relevance to the Commonwealth member countries. The series focuses on the practicalities of addressing these new issues as well as long existing (but still very current) policy challenges in a time-bound, targeted and effective manner; taking into account both opportunities and challenges that emerge due to changes in global trade landscape.


An Assessment of the Impact of COVID-19 Responses on MSMEs in the Informal Sector: Evidence from Commonwealth Countries in the Caribbean

The coronavirus (COVID-19) pandemic has led to severe economic disruption, with the large informal sector in Caribbean Commonwealth countries being particularly vulnerable. This report summarises current policy responses and measures to provide support for the informal sector. It proposes a simple COVID-19 Response for Informal Sector (CRIS) Index that combines information on four indicators (breadth, access, cover and adequacy) for each policy area. Finally, it recommends measures that are needed to support recovery for informal enterprises and workers.


Keywords: informal sector, Commonwealth Caribbean, COVID-19, policy responses, agriculture
JEL: O13: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products; O17: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Formal and Informal Sectors; Shadow Economy; Institutional Arrangements; J46: Labor and Demographic Economics / Particular Labor Markets / Informal Labor Markets
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