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A Modern Guide to the Informal Economy (Hardcover)
Loot Price: R4,389
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A Modern Guide to the Informal Economy (Hardcover)
Series: Elgar Modern Guides
Expected to ship within 12 - 17 working days
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This Modern Guide presents a comprehensive synthesis of
contemporary thought on the informal economy, which, far from being
a peripheral feature of the global economy, the author
demonstrates, 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.
Employing theoretical and empirical methodologies, Colin C.
Williams explores the latest research on methods of understanding
and measuring the informal economy in its various forms, and
discusses the rationale behind its participants. Its rigorous
discussion of the need to shift away from solely using tools that
punish the practice and towards aligning social norms with the
regulations of formal institutions is complemented by a rich
analysis of how jobs and enterprises across the world can be
encouraged to make the transition towards formalism. Incentives,
education and reform are among the strategies advocated in this
Modern Guide's compelling and lucid roadmap for the transition to
formality. An invaluable resource for policymakers involved in tax,
social security and labour policies, belonging to both governments
and supra-national institutions, the book will also be valuable for
academics and researchers in sociology, economics and business
studies, especially those with an interest in taxation, industrial
relations, entrepreneurship and labour economics.
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