Inhaltsangabe oder Einleitung
The informal sector is defined as a sector which include all enterprises which are not officially regulated and which operate outside the incentive system offered by the state and its institutions. In contrast, enterprises which enjoy official recognition, protection and support are defined as formal sector. No such support or protection is available to informal sector enterprises.
At the empirical level, the informal sector is defined to comprise those economic enterprises which employ less than 10 persons (including the owner) per unit and which operate in open spaces; housed in a temporary or semi-permanent structure; does not operate from spaces assigned by government, municipality or private organizers of officially recognized marketplaces; it operates from residences or backyard; and it is not recognized.
- Arbeit zitieren
- Emebet Hailemichael (Autor:in), 2018, Managing Informality. The Informal Sector Role in Development, München, GRIN Verlag, https://www.grin.com/document/595375
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