PRO AND AGAINST INFORMAL ECONOMY

Trade and the Informal Economy

It was generally understood during the 1960s and 1970s that, with economic growth, the informal economy would shrink. But despite strong global growth that coincided with a massive increase in international trade, many jobs in developing countries remain in the informal economy. The share of employment in the informal economy has been persistent in many developing countries over recent decades ...

Financial Services and the Informal Economy

This paper examines the impact of formality of employment on the utilisation of financial services, using data from the October 2000 Income and Expenditure Survey and the September 2000 Labour Force Survey. The presence of an employed member in the household is seen to be important for the utilisation of both bank accounts and funeral insurance, even after controlling for income. Furthermore th...

The Informal Economy in the New Rural Economy

The research proposes to model the way households and their assets move back and forth between the informal rural economy and the formal economy, particularly financial equity, entrepreneurs and workers. Several hypotheses are tested to establish understanding about the functions of the informal economy in the co-evolution of rural and urban economies. This work should lead to strategic options...

The “Informal Economy” of the Information University

“There is the employer’s sabotage as well as the worker’s sabotage. Employers interfere with the quality of production, they interfere with the quantity of production, they interfere with the supply as well as with the kind of goods for the purpose of increasing their profit. But this form of sabotage, capitalist sabotage, is antisocial, for the reason that it is aimed at the benefit of the few...

Fact finding study The Informal Economy