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Linking the Formal and Informal Economy - Concepts and Policies (Hardcover, New)
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Linking the Formal and Informal Economy - Concepts and Policies (Hardcover, New)
Series: WIDER Studies in Development Economics
Expected to ship within 10 - 15 working days
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The concepts of formal and informal remain central to the theory
and practice of development more than half a century after they
were introduced into the debate. They help structure the way that
statistical services collect data on the economies of developing
countries, the development of theoretical and empirical analysis,
and, most important, the formulation and implementation of policy.
This volume brings together a significant new collection of studies
on formality and informality in developing countries. The volume is
multidisciplinary in nature, with contributions from
anthropologists, economists, sociologists, and political
scientists. It contains contributions from among the very best
analysts in development studies. Between them the chapters argue
for moving beyond the formal-informal dichotomy. Useful as it has
proven to be, a more nuanced approach is needed in light of
conceptual and empirical advances, and in light of the policy
failures brought about by a characterization of the 'informal' as
'disorganized'. The wealth of empirical information in these
studies, and in the literature more widely, can be used to develop
guiding principles for intervention that are based on ground level
reality.
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