Policy and Governance Models of Street Vendor Economy under the Impact of COVID-19 Pandemic

Fang Du, Qiongwen Bao and Aiqi Zhang

International Journal of Business and Management, 2024, vol. 19, issue 3, 153

Abstract: The hawker economy is an important part of the urban economy and is important for promoting employment, increasing urban vitality and meeting the needs of the population. However, in the absence of formal business registration and compliance, the hawker economy often faces legal, health and safety challenges. This study examines COVID-19 impact on hawker economy and the policy shifts and governance models under the impact of COVID-19. Through case studies of several countries, this paper analyses international experiences in formalising the street vendor economy and draws corresponding insights. The findings show that flexible policy adjustments and and positive government guidance are key to the success of planning the street vendor economy.

Date: 2024
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