
The concepts of formal and informal remain central to the theory and practice of development more than half a century after they were introduced into the debate. They help structure the way that statistical services collect data on the economies of developing countries, the development of theoretical and empirical analysis, and, most important, the formulation and implementation of policy. This volume brings together a significant new collection of studies on formality and informality in developing countries. The volume is multidisciplinary in nature, with contributions from anthropologists, economists, sociologists, and political scientists. It contains contributions from among the very best analysts in development studies. Between them the chapters argue for moving beyond the formal-informal dichotomy. Useful as it has proven to be, a more nuanced approach is needed in light of conceptual and empirical advances, and in light of the policy failures brought about by a characterization of the 'informal' as 'disorganized'. The wealth of empirical information in these studies, and in the literature more widely, can be used to develop guiding principles for intervention that are based on ground level reality.
This volume investigates the limitations of the traditional formal-informal economic dichotomy and proposes a more nuanced framework for development policy. Edited by Basudeb Guha-Khasnobis, Elinor Ostrom, and Ravi Kanbur, the text synthesizes contributions from a multidisciplinary group of experts, including anthropologists and economists. The authors argue that characterizing the informal sector as merely disorganized has led to significant policy failures, necessitating a shift toward interventions grounded in empirical reality.
What You Will Find
Scope Limits
Experts recognize this volume as a significant academic resource for challenging outdated development paradigms. Readers frequently note the high level of scholarly rigor and the value of the diverse disciplinary approaches presented in the chapters.
Page Count:
320
Publication Date:
2006-01-01
Publisher:
Oxford University Press
ISBN-10:
0191525480
ISBN-13:
9780191525483
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