Arguments of GDP over- or under-estimation fall flat in the face of statistical progress made by India to measure this sector ...

PRAISE FOR THE BOOK “By definition, the informal economy is hard to study ... In particular, it explores the business cycles in the informal sector in 160 countries over the last 30 years; the study ...

Economists argue that South Africa's unemployment rate may be much lower than reported, highlighting the impact of the ...

We present a three-sector general equilibrium model with an informal sector, which produces an intermediate input for the formal sector, to analyze the effects of different policies on the ...

Informal employment in the formal sector was more concentrated than in the informal sector, amounting to 1.48mn (51.9%) and 1.34mn (47.2%) persons respectively. The Department of Statistics Malaysia ...

Nigeria is losing about $8.8bn every year due to its large informal economy, the African Development Bank said in its 2025 African Economic Outlook report. The report noted that while informal ...

The informal sector is now estimated to make up between 60% and 70% of the economy, generating annual revenue of US$14,2 billion, according to the central bank. In the 2025 National Budget ...

South Africa’s informal sector, often overlooked and undervalued, provides livelihoods to millions and contributes significantly to the GDP. It accounted for 6% of GDP in 2017, while 18.3% of ...