Key facts about Executive Certificate in Informal Economy Policy Making
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The Executive Certificate in Informal Economy Policy Making is designed to equip professionals with the knowledge and skills necessary to effectively address the complexities of the informal economy. This intensive program focuses on developing practical policy solutions, incorporating both theoretical frameworks and real-world case studies.
Learning outcomes include a comprehensive understanding of the informal economy's characteristics, its impact on economic growth and social development, and the design and implementation of effective policies targeting its various aspects. Graduates will be able to analyze data, evaluate policy options, and effectively communicate their findings to diverse stakeholders.
The program's duration typically spans several months, delivered through a flexible blended learning format combining online modules with in-person workshops or seminars. This allows participants to maintain their professional commitments while enhancing their expertise in informal sector development and labor market policies.
This Executive Certificate holds significant industry relevance for professionals working in government agencies, international organizations, NGOs, and research institutions focusing on development economics, labor economics, and social policy. The skills gained are directly applicable to addressing issues such as tax evasion, social protection, and labor rights within the informal sector, making graduates highly sought after in this field.
The curriculum encompasses a wide range of topics, including economic modeling, governance, and regulatory frameworks. It equips students with the capacity to contribute to evidence-based policy formulation and implementation, directly impacting the lives of millions employed within the informal economy worldwide.
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Why this course?
An Executive Certificate in Informal Economy Policy Making is increasingly significant in today's UK market. The informal economy represents a substantial portion of the UK's overall economic activity, with estimates suggesting a sizeable percentage of the workforce engaged in unregistered employment. Understanding and effectively managing this sector is crucial for policymakers.
For example, according to the Office for National Statistics (ONS), a considerable number of individuals participate in informal work, impacting tax revenue and social security contributions. This necessitates informed policy interventions. An executive certificate equips professionals with the tools to analyze these intricate issues, formulating effective strategies for regulation, social inclusion, and economic growth within this complex sector.
| Sector |
Percentage of Informal Employment |
| Construction |
15% |
| Retail |
10% |
| Hospitality |
12% |