Routledge The Informal Economy in Developing Countries - Routledge

Informality shapes economic life across most developing nations, yet remains poorly understood by researchers, policymakers, and development practitioners. This Routledge Studies in Development Economics volume addresses a critical gap by presenting contemporary high-level research on the informal sector and informal employment. The book moves beyond the outdated assumption that informality will simply disappear as economies develop, instead offering evidence-based analysis of why the informal economy persists and how it functions. Readers gain fresh insights into the political, economic, and social dimensions of informality, equipping them to better understand labour markets, poverty reduction strategies, and policy design in developing countries. Essential for economists, development professionals, and anyone seeking to comprehend how billions of workers operate outside formal institutional frameworks.