The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
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.

The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
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.

Changing the Rules

Changing the Rules PDF Author: Aili Mari Tripp
Publisher: Univ of California Press
ISBN: 0520327438
Category : History
Languages : en
Pages : 284

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Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1997.

The Informal Economy in Sub-Saharan Africa

The Informal Economy in Sub-Saharan Africa PDF Author: Leandro Medina
Publisher: International Monetary Fund
ISBN: 1484309030
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.

The Informal Economy

The Informal Economy PDF Author: Ioana Horodnic
Publisher: Routledge
ISBN: 1351655310
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
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

Tanzania's Informal Economy

Tanzania's Informal Economy PDF Author: Alexis Malefakis
Publisher: Zed Books
ISBN: 9781786994516
Category : Social Science
Languages : en
Pages : 192

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Book Description
The market places and street corners of Dar es Salaam are home to a thriving informal economy of street vendors selling secondhand clothing and other goods. These street vendors often live a precarious existence, under pressure from state authorities and international markets. In addition to these external pressures, the experiences of such vendors are also shaped by a complex interplay of internal tensions, rivalries and conflicting communal ties. Such internal dynamics are a common part of informal economies around the world, but have largely gone unrecognised and unexamined by academic scholarship. Based on ethnographic fieldwork and extensive interviews with vendors living and working in Dar es Salaam, Malefakis's book offers a nuanced portrait of those trying to carve out a livelihood in a major African city, one in which ties of kinship and ethnicity are often viewed as a barrier, rather than an aid, to success. In the process, Malefakis provides an invaluable new perspective on the way in which co-operation, or lack thereof, functions in an informal economy, as well as insight into the lived experiences of those who depend on such economies.

Women and Men in the Informal Economy

Women and Men in the Informal Economy PDF Author:
Publisher:
ISBN: 9789221281702
Category : Economic development
Languages : en
Pages : 205

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Book Description
This publication provides, for the first time, direct measures of informal employment inside and outside informal enterprises for 47 countries. It also presents statistics on the composition and contribution of the informal economy as well as on specific groups of urban informal workers.

Development Centre Studies Is Informal Normal ? Towards More and Better Jobs in Developing Countries

Development Centre Studies Is Informal Normal ? Towards More and Better Jobs in Developing Countries PDF Author: Jütting Johannes
Publisher: OECD Publishing
ISBN: 9264059245
Category :
Languages : en
Pages : 167

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Book Description
Provides evidence for policy makers on how to deal with informal employment in developing and developed countries alike.

The Mystery of Capital

The Mystery of Capital PDF Author: Hernando De Soto
Publisher: Basic Books
ISBN: 0465004016
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
A renowned economist argues for the importance of property rights in "the most intelligent book yet written about the current challenge of establishing capitalism in the developing world" (Economist) "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.

Africa's Informal Workers

Africa's Informal Workers PDF Author: Ilda Lindell
Publisher: Zed Books Ltd.
ISBN: 1848138334
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
Africa's Informal Workers is a vigorous examination of the informalization and casualization of work, which is changing livelihoods in Africa and beyond. Gathering cases from nine countries and cities across sub-Saharan Africa, and from a range of sectors, this volume goes beyond the usual focus on household ‘coping strategies’ and individual agency, addressing the growing number of collective organizations through which informal workers make themselves visible and articulate their demands and interests. The emerging picture is that of a highly diverse landscape of organized actors, providing grounds for tension but also opportunities for alliance. The collection examines attempts at organizing across the formal-informal work spheres, and explores the novel trend of transnational organizing by informal workers. Part of the ground-breaking Africa Now series, Africa’s Informal Workers is a timely exploration of deep, ongoing economic, political and social transformations.

Improving Skills Development in the Informal Sector

Improving Skills Development in the Informal Sector PDF Author: Arvil V. Adams
Publisher: World Bank Publications
ISBN: 0821399691
Category : Education
Languages : en
Pages : 295

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Book Description
This book uses household surveys in five countries of Sub-Saharan Africa to describe employment off the farm in the region s growing informal sector and assesses how different forms of education and training, including apprenticeships, influence choices in employment and earnings.