scholarly journals INFORMAL SECTOR AND ECONOMIC DEVELOPMENT: THE CREDIT SUPPLY CHANNEL

2015 ◽  
Vol 54 (2) ◽  
pp. 1046-1067 ◽  
Author(s):  
Baptiste Massenot ◽  
Stéphane Straub
Keyword(s):  
Economic Development ◽  
Informal Sector ◽  
Credit Supply ◽  
Supply Channel

scholarly journals Informal Sector and Economic Development: The Credit Supply Channel

2015 ◽  
Author(s):  
Baptiste Massenot ◽  
Sttphane Straub
Keyword(s):  
Economic Development ◽  
Informal Sector ◽  
Credit Supply ◽  
Supply Channel

scholarly journals Contestations for urban space: informality and institutions of disenfranchisement in Zimbabwe—the case of Masvingo City

GeoJournal ◽  
2019 ◽  
Vol 85 (5) ◽  
pp. 1277-1289 ◽  
Author(s):  
Chigwenya Average
Keyword(s):  
Economic Development ◽  
Urban Space ◽  
Informal Sector ◽  
Global South ◽  
Main Stream ◽  
Development Agenda ◽  
The People ◽  
The Face ◽  
Laws And Policies ◽  
The City

Abstract Informality has been viewed as the seedbed for economic development especially in the cities of the global South and many cities have been trying to integrate this sector for economic development. The sector has been seen as the option for economic development in cities of the global South in the face of dwindling resources for economic development. However, the development and growth of informal activities in some of these cities have been stunted by institutional reforms that have taken so long to accommodate such activities. Most of the cities have acknowledged the need to integrate informality in their economies but they have remained illusioned by the neo-liberal urbanisation policies that have kept the informal activities on the periphery of the development agenda. As a result the role of informal sector in economic development in cities of the global South has not been fully realised. The study was taken to examine the institutional impediments in the growth of informal activities in the city of Masvingo, to see how the laws and policies of the city have been applied for the integration of informal sector in the main stream economy. The research found out that there are institutionalised systems that disenfranchise the informal sector in the city of Masvingo. These institutions include the planning approach and the way the city has been practicing their planning. These two institutions have been the chief disenfranchising instruments that have denied the people in the informal sector their right to the city. The research utilised a mixed methods approach to the inquiry, where both qualitative and quantitative data were used. The research found that there is space for informal integration in the city of Masvingo, but the existing regulatory framework is stifling the growth and development of the informal sector in the city of Masvingo. There is therefore need for the city to be flexible enough to embrace the realities of the city, because informality is really the new form of urbanisation in cities of the global South.

scholarly journals Informality and Development

2014 ◽  
Vol 28 (3) ◽  
pp. 109-126 ◽  
Author(s):  
Rafael La Porta ◽  
Andrei Shleifer
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Informal Sector ◽  
Economic Activity ◽  
Organizational Form ◽  
Formal Sector ◽  
Dual Models

In developing countries, informal firms account for up to half of economic activity. They provide livelihood for billions of people. Yet their role in economic development remains controversial with some viewing informality as pent-up potential and others viewing informality as a parasitic organizational form that hinders economic growth. In this paper, we assess these perspectives. We argue that the evidence is most consistent with dual models, in which informality arises out of poverty and the informal and formal sectors are very different. It seems that informal firms have low productivity and produce low-quality products; and, consequently, they do not pose a threat to the formal firms. Economic growth comes from the formal sector, that is, from firms run by educated entrepreneurs and exhibiting much higher levels of productivity. The expansion of the formal sector leads to the decline of the informal sector in relative and eventually absolute terms. A few informal firms convert to formality, but more generally they disappear because they cannot compete with the much more-productive formal firms.

The Effects of Personal Income Tax Evasion on Socio-economic Development in Ghana: A Case Study of the Informal Sector

2015 ◽  
Vol 10 (4) ◽  
pp. 1-14 ◽  
Author(s):  
Bismark Ameyaw ◽  
Bismark Addai ◽  
Eric Ashalley ◽  
Isaac Quaye
Keyword(s):  
Economic Development ◽  
Informal Sector ◽  
Tax Evasion ◽  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Socio Economic Development

scholarly journals DINAMIKA SEKTOR INFORMAL Dl INDONESIA Prospek, Perkembangan, dan Kedudukannya dalam Sistem Ekonomi Makro

Populasi ◽  
2016 ◽  
Vol 18 (2) ◽  
Author(s):  
Agus Joko Pitoyo
Keyword(s):  
Economic Development ◽  
Structural Transformation ◽  
Informal Sector ◽  
Informal Economy ◽  
National Development ◽  
Employment Opportunity ◽  
Standard Of Living ◽  
Job Seekers ◽  
Triggering Factor ◽  
Over Time

Informal economy at long standing cannot be denied from thourough economic development in Indonesia. The informal sector has established since at the beginning of national development. Unideal structural transformation that was happened also becoming a triggering factor for mushrooming this sector. The existence of informal sector indeed has provided abundant employment opportunity. For most urban and rural job seekers, informal sector has become main job alternatives. This fact has globally emerging at macro economic development. Unsurprisingly, the economical prospect of this sector has enabled people to acheieve better standard of living. Based on Susenas data, this article focuses on the dynamic of informal sector related to its prospect, progress over time, and position in economic development.

scholarly journals THE CREDIT SUPPLY CHANNEL OF MONETARY POLICY TRANSMISSION MECHANISM: AN EMPIRICAL INVESTIGATION OF ISLAMIC BANKS IN PAKISTAN VERSUS MALAYSIA

2019 ◽  
Vol 5 (1) ◽  
Author(s):  
Syed Muhammad Abdul Rehman Shah
Keyword(s):  
Monetary Policy ◽  
Balance Sheet ◽  
Banking System ◽  
Real Income ◽  
Transmission Mechanism ◽  
Islamic Banks ◽  
Differential Impact ◽  
Credit Supply ◽  
Balance Sheet Channel ◽  
Supply Channel

The transmission mechanism of monetary policy is explained through the relationshipsbetween a change in money supply and the level of real income. Monetary policytransmits to the real sector through several different channels. Such channels includethe interest rate channel, the exchange rate channel, the asset-pricing channel, the creditsupply channel, and the bank balance sheet channel. This paper empirically investigatesthe credit supply channel of monetary policy and explores the differential impact ofmonetary policy on credit supply of Islamic banks in Pakistan versus Malaysia. Therobust two-step System-Generalize Method of Moments (GMM) estimator is appliedon an unbalanced panel dataset over the period 2005-2016. While estimating the effectsof three alternative measures of monetary policy on banks’ credit supply, several bankspecificvariables are included in the specification as control variables. We providestrong evidence on the existence of credit supply channel in the baseline models forboth countries and differential impact of monetary policy through Islamic banks inPakistan versus Malaysia in the extended models. Our findings suggest that there isa vital need to consider the nature of Islamic banks while devising the instrumentsof an effective monetary policy in countries with dual banking system like Pakistan,Malaysia, Indonesia, Bahrain, Saudi Arabia, Qatar and others.

Impact of the Lockdown on Women Domestic Workers

2021 ◽  
Vol 67 (3) ◽  
pp. 300-313
Author(s):  
Vinita Yadav ◽  
Sherin Jacob
Keyword(s):  
Economic Development ◽  
Informal Sector ◽  
Secondary Data ◽  
Domestic Workers ◽  
Public Private Partnerships ◽  
Large Cities ◽  
Socio Economic Development ◽  
The Impact ◽  
At Home

Covid-19 pandemic impacted both life and livelihood. The lockdown severely affected economically weaker section workers who mostly belong to informal sector. Among informal sector workers, three million are women domestic workers whom pandemic forced to stay at home. Despite government’s request, employers’ resistance to release the salary impacted their socio-economic wellbeing. The announcement of stimulus packages provided limited relief. The study analyses the difficulties experienced by women domestic workers. The workers residing in large cities were the hardest hit, as many international and national organisations were closed. Using secondary data, turmoil of women domestic workers is presented. The analysis revealed the impact of lockdown and highlighted that there is a gap in implementation of law and relief measures. The study recommends adopting innovative public–private partnerships to enhance socio-economic development of women domestic workers.

scholarly journals The credit supply channel of monetary policy: evidence from a FAVAR model with sign restrictions

2019 ◽  
Vol 59 (5) ◽  
pp. 2443-2472 ◽  
Author(s):  
Juan S. Holguín ◽  
Jorge M. Uribe
Keyword(s):  
Monetary Policy ◽  
Credit Supply ◽  
Sign Restrictions ◽  
Supply Channel
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