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Informal Economy, Governance, and Corruption

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  • Chowdhury, Hedayet Ullah

Abstract

The nature of activity of the informal sector may vary across the developed and developing countries, yet it is evident that the sector contributes to economic growth anywhere in the world, regardless of a country's economic system. This article aims to highlight the importance of the informal economy in a less developed country like Bangladesh, where a large section of the people is engaged outside of the formal economic activities. Moreover, the study attempted to find out the determinant of the informal economy in the global context. It likewise attempted to relate the informal economy with governance issues, with a view to understanding how the informal economy can be best managed through appropriate government policies.

Suggested Citation

  • Chowdhury, Hedayet Ullah, 2007. "Informal Economy, Governance, and Corruption," Philippine Journal of Development PJD 2005 Vol. XXXII No. 2, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:pjd_2005_vol__xxxii_no__2-c
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/informal-economy-governance-and-corruption
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    References listed on IDEAS

    as
    1. Tokman, Victor E., 1978. "An exploration into the nature of informal--formal sector relationships," World Development, Elsevier, vol. 6(9-10), pages 1065-1075.
    2. Carr, Marilyn. & Chen, Martha Alter., 2002. "Globalization and the informal economy : how global trade and investment impact on the working poor," ILO Working Papers 993541723402676, International Labour Organization.
    3. Mazumdar, Dipak, 1976. "The urban informal sector," World Development, Elsevier, vol. 4(8), pages 655-679, August.
    4. House, William J, 1984. "Nairobi's Informal Sector: Dynamic Entrepreneurs or Surplus Labor?," Economic Development and Cultural Change, University of Chicago Press, vol. 32(2), pages 277-302, January.
    5. repec:ilo:ilowps:354172 is not listed on IDEAS
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