Book

Linking the Formal and Informal Economy

Edited by Basudeb Guha-Khasnobis, Ravi Kanbur and Elinor Ostrom

Published in print September 2006 | ISBN: 9780199204762
Published online September 2006 | e-ISBN: 9780191603860 | DOI: http://dx.doi.org/10.1093/0199204764.001.0001

Series: WIDER Studies in Development Economics

Linking the Formal and Informal Economy

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This book brings together a new collection of studies on formality and informality in developing countries. The concepts of formal and informal are still central to the theory and practice of development more than half a century after they were first introduced. They help structure the way that statistical services collect data on the economies of developing countries, the development of theoretical and empirical analysis, and, most important, the formulation and implementation of policy. This book argues for moving beyond the formal-informal dichotomy. Useful as it has proven to be, a more nuanced approach is needed in light of conceptual and empirical advances, and in light of the policy failures brought about by a characterization of the ‘informal’ as ‘disorganized’. The book is multidisciplinary in nature, with contributions from anthropologists, economists, sociologists, and political scientists.

Keywords: developing countries; development; statistical services; policy; dichotomy; disorganized

Book.  320 pages.  Illustrated.

Subjects: Economic Development and Growth

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Table of Contents

Beyond formality and informality in Linking the Formal and Informal Economy

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Bureaucratic form and the informal economy in Linking the Formal and Informal Economy

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Microinsurance for the informal economy workers in India in Linking the Formal and Informal Economy

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