The Informal Economy as a Path to Expanding Opportunities

42 Pages Posted: 6 Jul 2016

See all articles by Colin Williams

Colin Williams

University of Sheffield - School of Management

Multiple version iconThere are 2 versions of this paper

Date Written: November 3, 2015

Abstract

The informal economy a help or a hindrance to expanding the opportunities of the poor? Conventionally, it has been deemed a hindrance; an unproductive sphere that is deleterious to wider economic development and growth. Recently, however, a more positive depiction has emerged viewing it as a useful means of expanding the opportunities of the poor. This report reviews the arguments and evidence for viewing it more positively and how it might be harnessed in order to help expand the opportunities of the poor.

Keywords: development economics, development studies, informal economy, informal sector, economic development, informal labor markets

JEL Classification: H26, J48, J46, K34, K42, O17

Suggested Citation

Williams, Colin, The Informal Economy as a Path to Expanding Opportunities (November 3, 2015). Available at SSRN: https://ssrn.com/abstract=2804172 or http://dx.doi.org/10.2139/ssrn.2804172

Colin Williams (Contact Author)

University of Sheffield - School of Management ( email )

15 Conduit Road
Sheffield, S10 1FL
United Kingdom

HOME PAGE: http://https://www.sheffield.ac.uk/management/staff/williams/index

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