Formal Bureaucracy and the Emergent Forms of the Informal Economy
The following essay has three parts. The first is a story about fluctuations in the balance of the relationship between impersonal and personal principles of social organization. This draws heavily on Max Weberâ€™s interpretation of western history. The second part reviews the concept of an â€˜informal economy/sectorâ€™ from its origin in discussions of the Third World urban poor to its present status as a universal feature of economy. The third part asks how we might conceive of combining the formal/informal pair with a view to promoting development. In conclusion it is suggested how partnerships between bureaucracy and the people might be made more equal. [Research Paper No. 2005/11]
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- Hicks, J. R., 1969. "A Theory of Economic History," OUP Catalogue, Oxford University Press, number 9780198811633, March.
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