Things like bartering, getting paid under the table, or mowing a neighbor’s lawn in exchange for fresh produce are just a few examples of what kinds of transactions can take place in the informal ...

He described cooperatives, at the heart of this economy, as essential “gateways from the informal to the formal economy,” forming […] The post Akhannouch: cooperatives key to formalizing ...

For example, labor in mining sites in resource-rich countries is highly precarious. ... Another case of labor at the outskirts of the formal market economy sustaining global supply of minerals.

The risks of bringing informal businesses into formal economy. The Prabowo administration's bold plan to tax the underground economy could backfire, exacerbating already existing challenges like ...

The informal sector in the Philippines, often overshadowed by the formal economy, is a vital force driving the country’s growth and resilience. Philstar.com HOME ...

The Asia-Pacific region boasts fairly robust economic growth, with analysis suggesting that the GDP of the APEC region will grow by 3.5 percent in 2024, the same as last year and higher than the ...

Extending formal benefits and protections to the informal sector can unlock their full potential, leading to heightened productivity, economic growth, and a more inclusive economy.

We are excited to announce that the Development Economics Global Indicators Group has launched a new initiative to estimate critical metrics related to the informal economy. Our focus will be on three ...

The total size of the informal sector, growing over time, is currently projected to be an enormous $457 billion, in sharp contrast to the size of the formal economy, which was officially estimated ...