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The Gig Economy
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Names of the authors are being added. We appreciate your patience. (2024). The Gig Economy: Impact, Opportunities & Challenges. Global Journal for Aspiring Economists, 1(1), 73–86. Retrieved from https://journal.gaee.org/index.php/gjae/article/view/19

Abstract

In this series of articles, we examine the gig economy's impact on labor markets, highlighting its transformative nature and the challenges it presents.

The first article, authored by Akhila S, Simran, and Himadri, explores the foundational aspects of the gig economy, defining its characteristics and contrasting it with traditional employment models. They discuss how digital platforms facilitate gig work and the implications for job security and worker protections.

The second article, written by Diksha, focuses on the global rise of the gig economy, analyzing technological advancements and changing consumer needs that have fueled this trend. Diksha emphasizes the flexibility and autonomy offered by gig work while also addressing concerns regarding job stability and benefits.

The third article by Sachika Jha examines the economic precarity associated with gig work, detailing how the gig economy erodes traditional employer-employee relationships. Jha highlights the commodification of labor and its implications for workers' rights and social security.

The fourth article, authored by Vanya Goel, Anya Arora, and Aditi Tuli, investigates the opportunities and risks within the gig economy, particularly for marginalized groups. They emphasize the democratization of entrepreneurship while acknowledging the vulnerabilities faced by gig workers in terms of income instability and lack of protections.

The fifth article by Ananya Syngal discusses the future of work in India, analyzing how the gig economy is reshaping employment landscapes. Syngal highlights the potential for increased inclusivity but warns of the need for regulatory frameworks to protect gig workers' rights.

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