Informal Economy

Formal-Informal economy linkages: Some conceptual and empirical issues

by VALODIA, I, DEVEY, R, DLAMINI, N & LEBANI, L, 2006
Research Report, Employment Growth & Development Initiative, Human Sciences Research Council

This report contributes to a larger project on the competitive behaviour of informal firms in a growing economy. Valodia et al explore the idea of a ‘second economy’. Notwithstanding the conceptual problems associated with the idea of a second economy, its prominence in public policy debates offers a unique space to enhance the linkages between…

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