Ioana A. Horodnic Peter W. Rodgers Colin C. Williams
During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress." In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too,...
During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continui...
