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Non-formal Institutions, Informal Economies, and the Politics of Inclusion

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  • Aili Mari Tripp

Abstract

Africa's formal economies responded poorly to economic reform measures in the 1980s and 1990s while informal markets and institutions responded dynamically and proved to be more resilient. Using comparative analysis of African informal economies, this study explains why this was the case. It outlines the economic rationales that drive these informal economies to show how their logic often derives from social considerations that may be at odds with the goals of profit maximization. It then maps out some of the institutional terrain within which the informal sector operates.

Suggested Citation

  • Aili Mari Tripp, 2001. "Non-formal Institutions, Informal Economies, and the Politics of Inclusion," WIDER Working Paper Series DP2001-108, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-108
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2001-108.pdf
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    References listed on IDEAS

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    1. Buckley, Graeme, 1997. "Microfinance in Africa: Is it either the problem or the solution?," World Development, Elsevier, vol. 25(7), pages 1081-1093, July.
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    5. Miracle, Marvin P & Miracle, Diane S & Cohen, Laurie, 1980. "Informal Savings Mobilization in Africa," Economic Development and Cultural Change, University of Chicago Press, vol. 28(4), pages 701-724, July.
    6. Fafchamps, Marcel, 1997. "Introduction: Markets in sub-saharan Africa," World Development, Elsevier, vol. 25(5), pages 733-734, May.
    7. Aryeetey, Ernest, et al, 1997. "Financial Market Fragmentation and Reforms in Ghana, Malawi, Nigeria, and Tanzania," The World Bank Economic Review, World Bank, vol. 11(2), pages 195-218, May.
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    Cited by:

    1. Meagher, Kate, 2010. "The Tangled Web of Associational Life," WIDER Working Paper Series 050, World Institute for Development Economic Research (UNU-WIDER).

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