The Informal Economy


The Informal Economy
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The Informal Economy Revisited


The Informal Economy Revisited
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Author : Martha Chen
language : en
Publisher: Routledge
Release Date : 2020-07-14

The Informal Economy Revisited written by Martha Chen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-14 with Business & Economics categories.


This landmark volume brings together leading scholars in the field to investigate recent conceptual shifts, research findings and policy debates on the informal economy as well as future challenges and directions for research and policy. Well over half of the global workforce and the vast majority of the workforce in developing countries work in the informal economy, and in countries around the world new forms of informal employment are emerging. Yet the informal workforce is not well understood, remains undervalued and is widely stigmatised. Contributors to the volume bridge a range of disciplinary perspectives including anthropology, development economics, law, political science, social policy, sociology, statistics, urban planning and design. The Informal Economy Revisited also focuses on specific groups of informal workers, including home-based workers, street vendors and waste pickers, to provide a grounded insight into disciplinary debates. Ultimately, the book calls for a paradigm shift in how the informal economy is perceived to reflect the realities of informal work in the Global South, as well as the informal practices of the state and capital, not just labour. The Informal Economy Revisited is the culmination of 20 years of pioneering work by WIEGO (Women in Informal Employment: Globalizing and Organizing), a global network of researchers, development practitioners and organisations of informal workers in 90 countries. Researchers, practitioners, policy-makers and advocates will all find this book an invaluable guide to the significance and complexities of the informal economy, and its role in today’s globalised economy. The Open Access version of this book, available at https://www.taylorfrancis.com/books/e/9780429200724, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license



The Informal Economy


The Informal Economy
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Author : Ioana Horodnic
language : en
Publisher: Routledge
Release Date : 2017-09-22

The Informal Economy written by Ioana Horodnic and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-22 with Business & Economics categories.


During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress". In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too, informality is currently still estimated to account for notable per cent of GDP. The Informal Economy: Exploring Drivers and Practices intends to engage with these issues, providing a much-need ‘contextualised’ approach to explain the persistence and growth of forms of informal economic practices and entrepreneurial activities in the twenty-first century. Using a diverse range of empirical case studies from Europe, Africa, North Africa and Asia, this book unpacks the different varieties of forms of informal work and entrepreneurship and provides a critical analysis of existing theorisations used to explain such phenomena. This book’s aim is to examine the nature and persistence of informal work and entrepreneurship, across a variety of empirical settings, from within the developed world, the developing world and within transformation economies within post-socialist spaces. Given its worldwide, interdisciplinary and multidisciplinary approach and recent interest in the informal economies by a number of disciplines and organisations, this book will be of vital reading to those operating in the fields of: Economics, political economy and management, Human and economic geography and Economic anthropology and sociology as well as development studies



The Informal Economy


The Informal Economy
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Author : Ceyhun Elgin
language : en
Publisher: Routledge
Release Date : 2020-07-30

The Informal Economy written by Ceyhun Elgin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-30 with Business & Economics categories.


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.



The Informal Economy In Developing Countries


The Informal Economy In Developing Countries
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Author : Jean-Pierre Cling
language : en
Publisher: Routledge
Release Date : 2014-08-21

The Informal Economy In Developing Countries written by Jean-Pierre Cling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-21 with Business & Economics categories.


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.



Informal Economy Centrestage


Informal Economy Centrestage
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Author : Renana Jhabvala
language : en
Publisher: SAGE
Release Date : 2003-10-09

Informal Economy Centrestage written by Renana Jhabvala and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-09 with Business & Economics categories.


`The aim of this edited volume is to improve the measurement of the informal economy in the Indian contect and to make the concerns of its workers central to mainstream economic analysis.... Overall the book makes in important contribution in its effort to bring the informal economy into mainstream economic theory and policy.... [It] provides detailed empirical work on the informal economy in India and takes the first step in achieving the goal of bridging theory and empiricism through a focus on measurement' - Development and Change This volume, the result of a creative collaboration between research and action, is aimed at highlighting the contribution of informal workers to the Indian economy. It provides a unique perspective on informal employment in India, from both a macro and a micro perspective. The contributors put forth the argument that while the informal economy already has a place in official statistics, the existing methods of data collection are inadequate to capture the actual size of this sector or to measure its significant contribution to macroeconomic aggregates. They also maintain that there is a need to constantly revisit assumptions and test findings against field level evidence. Overall, this volume provides greater clarity to the nebulous concept of informal economy and establishes that it creates employment, provides goods and services, creates savings and investments, and yet the workers and producers of this economy usually live in poverty.



Measuring The Informal Economy


Measuring The Informal Economy
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Author : Mr.Gabriel Quiros-Romero
language : en
Publisher: International Monetary Fund
Release Date : 2021-02-02

Measuring The Informal Economy written by Mr.Gabriel Quiros-Romero and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-02 with Business & Economics categories.


This paper proposes a framework for measuring the informal economy that is consistent with internationally agreed concepts and methodology for measuring GDP. Based on the proposed framework, the informal economy “comprises production of informal sector units, production of goods for own final use, production of domestic workers, and production generated by informal employment in formal enterprises.” This proposed framework will facilitate preparation of estimates of the informal economy as a component of GDP.



The Long Shadow Of Informality


The Long Shadow Of Informality
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Author : Franziska Ohnsorge
language : en
Publisher: World Bank Publications
Release Date : 2022-02-09

The Long Shadow Of Informality written by Franziska Ohnsorge and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-09 with Business & Economics categories.


A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.



A Modern Guide To The Informal Economy


A Modern Guide To The Informal Economy
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Author : Colin C. Williams
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-03-02

A Modern Guide To The Informal Economy written by Colin C. Williams and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-02 with Business & Economics categories.


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.



Development Centre Studies Tackling Vulnerability In The Informal Economy


Development Centre Studies Tackling Vulnerability In The Informal Economy
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-05-21

Development Centre Studies Tackling Vulnerability In The Informal Economy written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-21 with categories.


A majority of workers in the world are informally employed and contribute to economic and social development through market and non-market activities that are not protected, regulated, well-recognised or valued. This study provides an in-depth diagnosis of informality and the vulnerability prevailing in the informal economy. It explores new ideas to improve the lives of workers in the informal economy based on the ILO indicators of informality and the new OECD Key Indicators of Informality based on Individuals and their Household (KIIbIH).



Management Society And The Informal Economy


Management Society And The Informal Economy
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Author : Paul Godfrey
language : en
Publisher: Routledge
Release Date : 2015-07-03

Management Society And The Informal Economy written by Paul Godfrey and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-03 with Business & Economics categories.


Informal economic activity, defined as exchanges made by individuals and organizations in extra-legal or non-bureaucratic contexts, represents a significant and growing share of global economic activity. The informal economy brings to mind images of street vendors in markets and bazaars throughout the developing world; indeed, informal economic activity ranges from 25-75% of economic activity, depending on the country under study. Informal activity also includes "under the table," or "off the books" business in the developed world, such as informal labor arrangements in child care, construction, or home cleaning in the United States or Western Europe. What many fail to realize, however, is the increasing presence of informal economic activity in the developed world’s largest corporations and most innovative entrepreneurial ventures, such as technology development work in Silicon Valley, open source software agreements, or employment arrangements between "technology stars" and firms. Management, Society, and the Informal Economy brings to light the role of the informal economy in the 21st century. The book does more than illuminate, however – it also calls for increased focus on the informal economy by management scholars. Each chapter contains a call to action, as well as practical and methodological advice for scholarship on the topic. Management, Society, and the Informal Economy contains a multi-faceted set of arguments, descriptions, and illustrations designed to convince management scholars that they should attend to the informal economy and view it as a serious and rigorous context for theorizing, empirical research, and even practical advocacy.