The Global Gig Economy: Opportunities and Challenges for Freelancers and Businesses

Doniyor Seydakhmetov

The Global Gig Economy: Opportunities and Challenges for Freelancers and Businesses

Doniyor Seydakhmetov

student of Millat Umidi University, Tashkent, Uzbekistan

##semicolon## economy Gig##common.commaListSeparator## Freelancer##common.commaListSeparator## Digital tools (platform)

सार

The gig economy has revamped work opportunities for the freelancers and the businesses that have seen a new change in the structure of labor markets. In this article, the author enlarges the possibilities related to furthering workers’ independence and work scale on digital platforms along with the drawbacks comprising of income fluctuation and the absence of legal rights for people performing work on such platforms. By reviewing literature in the area, it outlines the policy approaches that should be adopted to meet the flexibility for efficiency and fairness in economic growth for gig workers and firms. Solutions are related to increasing worker remuneration, constructing and defining legal rights and responsibilities, and training to secure better employment and long-term labor mobility.

##submission.citations##

Beilin, A. (2022). More than Ever We Need a Gig Economy That Works for Everyone. [online] World Economic Forum. Available at: https://www.weforum.org/stories/2022/11/gig-economy-that-works-for-everyone/ [Accessed 6 Dec. 2024].

Charlton, E. (2024). What Is the Gig Economy and what’s the Deal for Gig workers? [online] World Economic Forum. Available at: https://www.weforum.org/stories/2024/11/what-gig-economy-workers/ [Accessed 6 Dec. 2024].

Lund , S. (2015). What the Rise of the Freelance Economy Means for the Future of Work. [online] McKinsey & Company. Available at: https://www.mckinsey.com/mgi/overview/in-the-news/what-the-rise-of-the-freelance-economy-means-for-the-future-of-work [Accessed 6 Dec. 2024].

Manyika, J., Bughin, J., Robinson, K., Mischke, J. and Mahajan, D. (2016). Independent work: Choice, necessity, and the Gig Economy. [online] McKinsey & Company. Available at: https://www.mckinsey.com/featured-insights/employment-and-growth/independent-work-choice-necessity-and-the-gig-economy [Accessed 6 Dec. 2024].

Manyika, J. and Lund, S. (2016). Independent work: Choice, necessity, and the Gig Economy. [online] McKinsey & Company. Available at: https://www.mckinsey.com/featured-insights/employment-and-growth/independent-work-choice-necessity-and-the-gig-economy [Accessed 6 Dec. 2024].