Page 14 - ARUBA TODAY

A14 LOCAL
Wednesday 15 March 2017
How Social Protection Can Facilitate

Formalization in the Caribbean

Work Team and Office for the reduction of informal- the Kapok Hotel in Port of
the Caribbean, Ms Claudia ity. These policies should be Spain, Trinidad, with par-
Coenjaerts, opened a Ca- consistent with and facili- ticipants from Antigua and
ribbean training Workshop tate the implementation of Barbuda, the Bahamas,
on the Extension of Social the social, economic and Barbados, Belize, Domini-
Protection in the context of environmental develop- ca, Grenada, Guyana, Ja-
formalization policies. ment plans in the spirit of maica, Saint Kitts and Nev-
“Social security extension the 2030 Sustainable De- is, Saint Lucia, Saint Vincent
(ILO News) 2017) to discuss the exten- strategies should apply to velopment Agenda”, she and the Grenadines, Trini-
PORT OF SPAIN - Represen- sion of social protection in persons both in the formal said. dad and Tobago, Anguilla,
tatives from 16 Caribbean the context of formaliza- and informal economy The capacity building and British Virgin Islands, Mont-
countries are in Trinidad tion policies. and support the growth of knowledge sharing Work- serrat, Turks and Caicos
and Tobago (14-17 March Director of the ILO Decent formal employment and shop is taking place at Islands and also includes
four Director Generals rep-
resenting their National In-
surance Services.
The objectives of the Work-
shop are to:
-Build capacity of partici-
pants on formalization poli-
cies that have social pro-
tection as a main element
in their design and share
ILO’s strategies, policies
and tools for the extension
of social protection and
formalization;
-Share knowledge
amongst participants
about the policies and
practices operating in their
respective jurisdictions;
-Examine success stories
from different regions of
the world that successfully
increased social protec-
tion coverage in the for-
malization process;
-Identify target groups for
extend social protection
coverage through formal-
ization; and
-Elaborate national and
regional proposals to in-
crease social protection
coverage in the context of
formalization.
Emphasis will be placed
on three ILO Instruments
adopted by its member
States. Recommendation
204 concerning the transi-
tion from informal econ-
omy to formal economy,
Recommendation 202
concerning social protec-
tion floors and ILO Conven-
tion 102 concerning the
minimum standards on so-
cial security.
Latin America and the
Caribbean has managed
to reduce unemployment
and increase social pro-
tection and wage and
salaried employment.
However, there are still
some 130 million informal
workers[1].q