Sugata Marjit and Saibal Kar

in The Outsiders

Published in print March 2011 | ISBN: 9780198071495
Published online September 2012 | e-ISBN: 9780199081257 | DOI:

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This introductory chapter sets out the purpose of the book, which is to analyse the deeper impact of reformatory or deregulatory policies on the welfare of informal workers by incorporating the general equilibrium effects of such policies. The book provides some analyses of political economic issues, governance mechanisms, and the general policy environment that sustains or penalizes the dynamism of informal markets. It also reflects on the organizational relationship between the formal and the informal and related micro mechanisms. An overview of the subsequent chapters is presented, followed by a brief discussion of the elements of economic reforms in India.

Keywords: deregulation; economic reforms; informal sector; informal workers; informal wages; India; informal markets; political economy

Chapter.  5215 words. 

Subjects: Economic Development and Growth

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