Linking the Formal and Informal Economy
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Product details
- ISBN 9780199204762
- Weight: 605g
- Dimensions: 162 x 242mm
- Publication Date: 21 Sep 2006
- Publisher: Oxford University Press
- Publication City/Country: GB
- Product Form: Hardback
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The concepts of formal and informal remain central to the theory and practice of development more than half a century after they were introduced into the debate. 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 volume brings together a significant new collection of studies on formality and informality in developing countries. The volume is multidisciplinary in nature, with contributions from anthropologists, economists, sociologists, and political scientists. It contains contributions from among the very best analysts in development studies.
Between them the chapters argue 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 wealth of empirical information in these studies, and in the literature more widely, can be used to develop guiding principles for intervention that are based on ground level reality.
Basudeb Guha-Khasnobis is, since 2002, a research fellow and project director at UNU-WIDER. Previous appointments include IGIDR (Mumbai), the EXIM Bank of India (Bangalore) ICRIER (New Delhi), and as a research consultant for several international organizations.
Ravi Kanbur is T.H. Lee Professor of World Affairs, International Professor of Applied Economics and Management, and Professor of Economics at Cornell University, and previously Professor of Economics at the University of Warwick, and Chief Economist for Africa at the World Bank.
Elinor Ostrom was Arthur F. Bentley Professor of Political Science at Indiana University. She was also Co-Director, Workshop in Political Theory and Policy Analysis and Co-Director, Center for the Study of Institutions, Population and Environmental Change (CIPEC) at Indiana University. She was a member of the Expert Group on Development Issues of the Swedish Ministry for Foreign Affairs.
