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The Outsiders: Economic Reform and Informal Labour in a Developing Economy

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  • Marjit, Sugata
  • Kar, Saibal

Abstract

The informal economy has emerged as one of the most dynamic, active, and hotly-debated domains in the entire developing world. Unfortunately, it remains one of the least treated subjects in mainstream economic theory and development economics. This book brings together the authors' accumulated work over the last decade. It provides a detailed theoretical overview and analytical understanding of informal labour markets in the context of economic reforms. Grounded in the neo-classical general equilibrium framework, it analyses the impact of deregulatory policies on the welfare of informal workers in a segmented labour market. Using empirical data and case studies, the book discusses how informal wage responds to unemployment in the formal sector by exploring the interactions between the formal and the informal labour markets. The authors also examine institutional factors-political, economic, and governance mechanisms-to explore the major causes that sustain or impede the dynamism of the informal labour markets.

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Bibliographic Info

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This book is provided by Oxford University Press in its series OUP Catalogue with number 9780198071495 and published in 2011.

ISBN: 9780198071495
Order: http://ukcatalogue.oup.com/product/9780198071495.do
Handle: RePEc:oxp:obooks:9780198071495

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Cited by:
  1. Mandal, Biswajit & Marjit, Sugata & Nakanishi, Noritsugu, 2013. "Time Zones, Factor Prices and Inflow of Educational Capital: Changing Sectoral Composition," MPRA Paper 50883, University Library of Munich, Germany.
  2. McQuade, Timothy & Salant, Stephen W. & Winfree, Jason, 2010. "Regulating an Experience Good Produced in the Formal Sector of a Developing Country when Consumers Cannot Identify Producers," Discussion Papers dp-10-52-rev, Resources For the Future.
  3. Professor Hafiz Abdur Rashid & Hafsa Noreen & Monazza Karamat, 2012. "Growth And Prospects Of Islamic Banking In Pakistan," Far East Journal of Psychology and Business, Far East Research Centre, vol. 7(4), pages 52-65, May.
  4. Mukhiddin Jumaev & Prof. Dr. Dileep Kumar. M. & Jalal R. M. Hanaysha, 2012. "Impact Of Relationship Marketing On Customer Loyalty In The Banking Sector," Far East Journal of Psychology and Business, Far East Research Centre, vol. 6(4), pages 36-55, March.
  5. Professor Bahaudin G. Mujtaba, 2012. "Bribery Challenges And Business Ethics In Afghanistan," Far East Journal of Psychology and Business, Far East Research Centre, vol. 6(4), pages 58-76, February.
  6. Roychowdhury, Punarjit & Dutta, Mousumi, 2011. "Regulation, enforcement and informality: an analysis based on selected countries," MPRA Paper 30818, University Library of Munich, Germany.
  7. Mandal, Biswajit, 2014. "Trade Reform, Environment and Intermediation: Implication for Health Standard," MPRA Paper 56524, University Library of Munich, Germany.
  8. Roychowdhury, Punarjit, 2011. "Regulation, enforcement and informality: an analysis based on selected countries," MPRA Paper 32150, University Library of Munich, Germany.
  9. Roychowdhury, Punarjit & Dutta, Mousumi, 2011. "Regulation, governance and informality: an empirical analysis of selected countries," MPRA Paper 33775, University Library of Munich, Germany.

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