The Informal Economy as a Path to Expanding Opportunities
Centre for Development and Enterprise Commissioned Research Series, August 2017
37 Pages Posted: 26 Jul 2018
Date Written: March 6, 2017
Is 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: informal sector, informal economy, tax evasion
JEL Classification: H26
Suggested Citation: Suggested Citation