A critical analysis of the socio-Economic condition of informal sector vendors in the selected flea markets in Greenhills, San Juan and Divisoria, Manila.

Abstract

The Filipinos have a unique way of using the term tiangge to refer to what is known as the flea markets or bazaars. A tiangge is a place where a pool of sellers creates makeshift stalls and vends a wide variety of goods at a low price. This type of micro-enterprise is common in the Philippines and is chosen by most Filipino petty traders because of the ease of entry, minimal capital requirements, and source of income for everyday living.

Through changing times and changing market conditions, flea markets continue to proliferate and vendors in this industry keep on growing in number as a result of displacement and unemployment. Vendors in the flea market belong to the so-called informal sector where there is adversity in working conditions, social protection, and regular income, which are key ingredients of a decent work; yet, this sector has catered to the needs of the poor by providing income opportunities that the formal sector otherwise could not provide. The informal sector is both a boon and a bane to the poor. Despite the growing visibility of the informal sector and the increasing number of vendors under this type of economy, the government has done minimal actions in order to provide the necessary assistance and solution for the people under this sector.

This research looks at the social and economic condition of flea market vendors and how they work with great effort in order to make it through the day and sustain their needs for survival. Also, this research has recognized that while the informal sector has been a widespread topic of interest and discussion in the field of social sciences, there have been few resolutions and policies have rarely been lobbied, especially for the welfare of those involved in this sector.