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Informality Revisited

Informality Revisited,10.1016/j.worlddev.2004.01.008,World Development,William F. Maloney

Informality Revisited   (Citations: 210)
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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.
Journal: World Development - WORLD DEVELOP , vol. 32, no. 7, pp. 1159-1178, 2004
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