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Informal Economy Centrestage

Informal Economy Centrestage
Author: Renana Jhabvala
Publisher: SAGE Publications Pvt. Limited
Total Pages: 300
Release: 2003-10-09
Genre: Business & Economics
ISBN:

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Annotation.


The Informal Sector Revisited

The Informal Sector Revisited
Author: Organisation for Economic Co-operation and Development. Development Centre
Publisher: Development Centre of the Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre
Total Pages: 244
Release: 1990
Genre: Business & Economics
ISBN:

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Papers from a seminar held at the Development Centre on September 7-9, 1988. Includes bibliographical references (p. 210-223).


Entrepreneurship in the Informal Economy

Entrepreneurship in the Informal Economy
Author: Mai Thi Thanh Thai
Publisher: Routledge
Total Pages: 304
Release: 2013
Genre: Business & Economics
ISBN: 0415813824

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Although entrepreneurship in the informal economy occurs outside state regulatory systems, informal commercial activities account for an estimated 30% of economic activity around the world. Informal entrepreneurship goes unmonitored despite the fact that it significantly contributes to poverty reduction and economic development. As a result, the informal sector is open to unethical practices including corruption, worker exploitation, and natural environment abuse to name just a few. In the media, debates have formed around whether informal entrepreneurship should be assisted or legitimized. Hence, a deep understanding of the phenomenon is vitally important. This book is the first on the market to offer models and approaches to informal entrepreneurship as well as to its prospects for economic development. Offering an in-depth examination of informal entrepreneurship in many different countries, it reveals the motivations for engaging in entrepreneurship in the informal economy, characteristics of informal entrepreneurship, and informal entrepreneurs' response to ethical issues. This volume illustrates the relationship between formal and informal economies and the conditions for the benefits of informal entrepreneurship to outweigh its disadvantages. And finally, it gives recommendations about when and how the informal economy can be formalized, which sectors should be formalized, and which ones can remain informal. This book offers much-needed guidance for stakeholders involved in economic development programs and scholars and entrepreneurs interested in the field of informal entrepreneurship as it is developing around the globe.


A Modern Guide to the Informal Economy

A Modern Guide to the Informal Economy
Author: Colin C. Williams
Publisher: Edward Elgar Publishing
Total Pages: 411
Release: 2023-03-02
Genre: Business & Economics
ISBN: 1788975618

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This Modern Guide presents a comprehensive synthesis of contemporary thought on the informal economy, which, as the author demonstrates – far from being a peripheral feature of the global economy – is a system in which the majority of the global workforce are employed and which has pervasive detrimental effects. Formalising it is therefore a priority for most governments.


The Informal Economy in Developing Countries

The Informal Economy in Developing Countries
Author: Jean-Pierre Cling
Publisher: Routledge
Total Pages: 390
Release: 2014-08-21
Genre: Business & Economics
ISBN: 1317912225

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Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It remains largely unrecognized by researchers, is neglected by politicians, and is even negatively perceived as it is meant to disappear with development. This book aims to amend this situation by presenting recent high level research which studies the informal sector and informal employment. Fresh research into this subject is presented through empirical analysis which covers Asia, Africa and Latin America. Each chapter relies on data and a detailed knowledge of the context of the countries studied in order to question the dominant schools of thought on the origins and causes of informality. The results provide interesting insights into the constraints faced by informal workers, the dynamics of the informal economy and its link with poverty issues. On the basis of the evidences provided by results adequate policies could be defined to address informality issues. The principal characteristics of the informal sector testify to some profound similarities between developing countries: low qualifications and the precariousness of jobs, mediocre incomes and working conditions, atomization of production units and lack of articulation with the formal economy, etc. This general statement does not contradict the observation that there is a high level of heterogeneity in the sector and in informal employment within each country, confirmed by several chapters in this work. In the absence of a sufficient number of job creations, the informal sector essentially constitutes a refuge for workers seeking and is here to stay in the short and medium term, even in emerging countries.


Conceptualizing the Ubiquity of Informal Economy Work

Conceptualizing the Ubiquity of Informal Economy Work
Author: Errol D’Souza
Publisher: Springer Nature
Total Pages: 102
Release: 2020-08-26
Genre: Business & Economics
ISBN: 9811574286

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This book provides a framework to understand the disregarded aspect of emerging market growth which is informal employment. Informal employment in unregistered enterprises or of workers without employment contracts or social protection contributions constitutes 88 per cent of employment in India and is a ubiquitous feature of the economy. A large proportion of informal employment (86 per cent) is self-employment and this category of employment has been neglected in the literature on work and development which has focused instead on wage employment that is a contract for work with another person or enterprise. Another striking feature of such economies which the book engages with is that, as they have liberalized, informal employment in the registered enterprises or formal part of the economy has grown. The informal sector has been analyzed by recourse to two major approaches. One is a public economics framework that underlines how informal enterprises evolve as they trade-off reduced access to public services such as contract enforcement with the payment of taxes and regulatory compliances. This book extends this literature by focusing on the access to formal sector credit and its potential for financing productive enterprises as a factor that is considered when an enterprise contemplates whether to incorporate or not. The second leg of the literature takes a labour perspective and emphasizes mandated labour costs such as hiring and firing costs, benefits, and minimum wages as considerations when deciding on whether to engage labour on a formal or informal basis. The book broadens this literature by taking into account how the human capital of workers and the monitoring costs of ensuring that workers are adhering to the terms of negotiated contracts inform the decision with regard to informality. The book will resonate with those academics and policy makers who are engaged with the conundrums of development.


Rebel Streets and the Informal Economy

Rebel Streets and the Informal Economy
Author: Alison Brown
Publisher: Taylor & Francis
Total Pages: 267
Release: 2017-02-24
Genre: Science
ISBN: 1317280091

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Street trade is a critical and highly visible component of the informal economy, linked to global systems of exchange. Yet policy responses are dismissive and evictions commonplace. Despite being progressively marginalised from public space, street traders in the global south are engaged in spatial and political battlegrounds to reclaim space, and claim de facto property rights over their place of work, through quiet infiltration, union power, or direct action. This book explores 'rebel streets', the challenges faced by informal economy actors and how organised groups are seeking to reframe legal understandings to create new claims to space and urban rights. The book sets out new thinking and a conceptual framework for improved understanding of the plural relationship between law, rights, and space for the informal economy, the contest between traditional, modernist and rights-based approaches to development, and impacts on the urban working poor. With a focus on street trading, the book seeks to reframe the legal context in which modern informal economies operate, drawing on key areas of academic inquiry and case studies of how vendors are staking claim to urban rights. The book argues for a reconceptualisation of legal instruments to provide a rights-based framework for urban work that recognises the legitimacy of urban informal economies, the scope for collective management of urban resources, and the social value of public space as a site for urban livelihoods. It will be of interest to students and scholars of geography, economics, urban studies, development studies, political studies and law.


The Silent Revolution

The Silent Revolution
Author: A. Lawrence Chickering
Publisher:
Total Pages: 264
Release: 1991
Genre: Business & Economics
ISBN:

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"An International Center for Economic Growth publication." Includes bibliographical references (p. 225-235) and index.


Out of the Margins

Out of the Margins
Author: Colin Williams
Publisher:
Total Pages: 0
Release: 2013
Genre:
ISBN:

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The recognition that many inhabitants across the world rely on the informal economy for their livelihood has led to a refutation that this sphere is a leftover from pre-capitalism and the advent of a range of competing theorizations of the informal economy as either reinforcing the disparities produced by the formal economy, a chosen alternative to the formal economy or an involuntary survival practice for those decanted from the formal economy. To evaluate critically these rival theories, a study of the informal sector in four localities in Ukraine is reported. Finding that this is an involuntary survival practice but one that is ubiquitous, rather than confined to the marginalized, and is just as commonly used as the formal sector as a coping practice, the outcome is a call to bring the informal economy out of the margins and more centre-stage in future analyses of East-Central European economies.


The Informal Economy

The Informal Economy
Author: Ceyhun Elgin
Publisher: Routledge
Total Pages: 201
Release: 2020-07-30
Genre: Business & Economics
ISBN: 1000163814

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The Informal Economy: Measures, Causes, and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives. Although informal economic activity is widespread all around the world, many issues around its nature and consequences remain largely under-explored or unresolved. Most importantly, the evidence presented in the existing literature on informality has failed to generate a consensus on the measurements, causes, and effects of the informal sector among researchers. Most, if not all, of the empirical results are inconclusive or dependent on the nature of the dataset used in the analysis. This book aims to address that gap by exploring different definitions and measures of the informal economy, including different perspectives, then subjecting these measures to a battery of empirical tests to examine the determinants and effects of informality. Through this analysis and an extensive review of the literature, the book explores many of the economic, political, and social factors of the informal economy including the relationship between informality and the tax burden, tax enforcement, and institutional quality. This key text makes for compulsive reading to scholars and students interested in the informal or shadow economy.