A framework on formalization of street vendors

This research paper focused on how the government will encourage street vendors to formalize their business, which includes registering their business and submitting to regulations of the government. Various literatures proved that there are countries such as Malaysia who can regulate properly these businesses but there are many more developing countries that have conflicting rules on street vending. In the Philippines, although policies have been made in different local government units, street vending continues to be a problem. A law or ordinance that recognizes the rights of street vendors such as the right to property and space, the right to organize, and the need for financial support would encourage street vendors to formalize their business. To test this, a semi-structured interview was conducted with a member of street vendors association, local government official handling street vendors and the experts from the field of law and business. Also, a survey was conducted among street vendors in Divisoria and Carriedo Markets in Manila. The results show that financial assistance and protection of rights of street vendors such as property, security and safety are among the most important factors