Informality Revisited

By:
William F. Maloney
Date:
  • Article Title: Informality Revisited
  • Title of Journal: World Development
  • Vol #: 32
  • Issue #: 7

Abstract: The paper draws on recent evidence––economic, sociological and anthropological––from Latin America to forward a view of the informal sector in developing countries primarily as an unregulated microentrepreneurial sector and not as a disadvantaged residual of segmented labor markets. It offers alternative explanations for many of the characteristics of the sector customarily regarded as evidence of its inferiority.

Informal Economy Topic
Language
Publication Type