Modernizing the informal sector
نویسنده
چکیده
Th e multiplicity of policies proposed to support the informal sector refl ects the lack of a common defi nition. Although they may produce positive eff ects, these are limited and fail to constitute a comprehensive strategic approach. Th e diff erent interpretations in the absence of a common defi nition as well as the strategies emerging from them are reviewed. Th e identifi cation of informality with illegality and labour precariousness, although conceptually related, is often misleading. Lastly, it explores a strategic option to regulate the informal sector, tracing the diff erent approaches to formalizing informal activities, to facilitate their full integration into the modernization process. JEL Classifi cation: O17; J48; D39
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