1、APEC ECONOMICPOLICY REPORT2025Structural Reform to IncreaseParticipation in the Formal Economy APEC ECONOMIC POLICY REPORT 2025 Structural Reform to Increase Participation in the Formal Economy APEC Economic Committee February 2026 Prepared or printed by Asia-Pacific Economic Cooperation Secretariat
2、 35 Heng Mui Keng Terrace,Singapore 119616 Tel:(65)6891 9600|Fax:(65)6891 9690 Email:infoapec.org|Website:www.apec.org 2026 APEC Secretariat APEC#226-EC-01.3 ISSN:0218-9763 2025 APEC Economic Policy Report:Structural Reform to Increase Participation in the Formal Economy ii PREFACE The informal econ
3、omy is everywhere but also nowhere.Each day,informal economy actors trade goods,provide services and engage in business transactions.People and firms in the informal economy generate value in our communities,but their contribution to the economy is largely unseen in economic data.They often shoulder
4、 higher levels of risk and vulnerability,but they are generally out of the reach of safety and regulatory bodies.Informal sector firms productivity is generally lower,and their workers are likely to have less access to development opportunities and protections.While the circumstances for being in th
5、e informal sector vary some are there by choice;for others,it is the only way to participate in the economy it is clear that pathways to formalisation need to be enhanced for the benefit of firms,workers and the economy.This years APEC Economic Policy Report(AEPR)discusses the important topic of Str
6、uctural Reform to Increase Participation in the Formal Economy,highlighting the challenges and opportunities to opening pathways for formalisation.It analyses the four types of informality and their root causes,and explores the complex relationship between informality and economic growth.It then rec