Informal sector has emerged as a critical element in the development process of theentiredevelopingworld.Itisnowwellrecognisedthatsuchasectorprovides employmenttothemajorityoftheworkforceinthepoorcountries.Sometimesthe shareofemploymentintheseactivitiesgoeswaybeyond50%oftotalemployment. Informalusuallyreferstoextra-legalandnon-recordedeconomicactivitiesandcan captureawholearrayofdiverseoccupations, productsandservices.Development Economicsasadisciplinehasnottreatedsuchtopicswithadequatereverence.Text booksdealingwitheconomicdevelopmentdonothaveexclusivesectionsdevoted to the discussion of...