ENTREPRENEURSHIP AND THE INFORMAL ECONOMY: AN EMPIRICAL ANALYSIS

2016 ◽  
Vol 21 (02) ◽  
pp. 1650010 ◽  
Author(s):  
KAMELIIA PETROVA
Keyword(s):  
Empirical Analysis ◽  
Informal Sector ◽  
Informal Economy ◽  
Public Perception ◽  
Informal Employment ◽  
Financial Contracts ◽  
The Public ◽  
Business Regulations ◽  
Entrepreneurial Activities ◽  
Hiring Costs

This paper presents an empirical study investigating the effect of entrepreneurship on the incidence of informal employment. It builds upon economic models exploring the determinants of informal economy by analyzing the role played by institutions and policies and their effect on the informal sector. Among policies examined are payroll and severance taxes, labor and product market regulations, unemployment benefits, firing and hiring costs, enforcement of financial contracts and financial costs. The empirical analysis is based on a panel data approach. The main result of the paper supports the view that the informal sector is an “unregulated micro-entrepreneurial sector.” The findings suggest that differences in the level of entrepreneurial activities across developing countries are associated with variance in the incidence of informal employment, and that entrepreneurship has a positive effect on the informal sector. The incidence of informal employment is strongly affected by the public perception of government performance, role, accountability and effectiveness, as well as labor market and business regulations.

Informal Economies

2021 ◽  
Author(s):  
Ernest Aryeetey
Keyword(s):  
Informal Sector ◽  
Informal Economy ◽  
Poverty Reduction ◽  
New Technologies ◽  
Informal Employment ◽  
Policy Response ◽  
Economic Activities ◽  
Formal Economy ◽  
The Future ◽  
Informal Economies

The expressions, “informal economy,” “informal sector,” and “informal employment” reflect statistical terms and definitions used to describe various aspects of informality. They are the result of several decades of work to develop a framework that adequately represents the multifaceted nature of informality as it applies not only to developing countries, but also to other transition and developed economies. The informal sector is generally viewed as the set of activities of small unregistered enterprises, while informal employment refers to employment within the formal or informal sector that lacks any form of protection, whether legal or social.1 The informal economy is a broader concept that encompasses all of these elements in their different forms, including their outputs and outcomes. The many different views about the drivers and composition of the informal economy in Africa have influenced various prescriptions and policy responses. On the one hand, some have viewed informality as being inimical to investment and growth, given that the activities undertaken usually fall outside of official regulation and control. The policy response has, therefore, often been to clamp down on or formalize the activities and relationships within the informal economy. On the other hand, informality is sometimes viewed as critical for growth and poverty reduction, given that the informal economy is inextricably linked to the formal economy while also serving as an important source of livelihood for millions of people. As a result of this, some effort has recently gone into providing a more supportive environment to enhance productivity within the informal economy and minimize its inherent vulnerabilities in the last decade. In the face of increasing globalization and access to new technologies that will drive the future of work, there is concern about the future of informal economic activities. Whether new technologies lead to a decline or upscaling of the informal economy in Africa will depend on several elements. Technology will not only shape how informality in Africa is viewed, but will influence the kind of activities undertaken, its links with the formal economy, and ultimately, the public policy response, which will itself be shaped by advances in technology.

scholarly journals Measuring the Informal Economy

Policy Papers ◽  
2021 ◽  
Vol 2021 (002) ◽  
Author(s):  
Gabriel Quiros-Romero ◽  
Thomas Alexander ◽  
Jennifer Ribarsky
Keyword(s):  
Informal Sector ◽  
Informal Economy ◽  
Domestic Workers ◽  
Informal Employment

This paper proposes a framework for measuring the informal economy that is consistent with internationally agreed concepts and methodology for measuring GDP. Based on the proposed framework, the informal economy “comprises production of informal sector units, production of goods for own final use, production of domestic workers, and production generated by informal employment in formal enterprises.” This proposed framework will facilitate preparation of estimates of the informal economy as a component of GDP.

Public Administration at the Movies

Public Voices ◽  
2017 ◽  
Vol 4 (2) ◽  
pp. 3 ◽  
Author(s):  
Lyn Holley ◽  
Rebecca K Lutte
Keyword(s):  
Public Administration ◽  
Public Perception ◽  
Public Information ◽  
Public Employees ◽  
Paper Briefly ◽  
Negative Image ◽  
The Public ◽  
Popular Films ◽  
Positive Message ◽  
American Society

This paper briefly summarizes evidence for the influence of popular films on public perception of government and on public policy.  Two films examined through the lens of public administration, and the lessons they teach about public administration, are exposed.  One film, Ghostbusters conveys a strongly negative image, and the other, A Thousand Heroes a strongly positive message.  Only Ghostbusters was and remains popular and profitable.  Public information efforts by government and the public administration community have been limited or reactive.  The authors argue for the increased support for public information initiatives such as those of the Public Employees Roundtable (PER) and  the American Society of Public Administration (ASPA).

scholarly journals ‘Ruined’ lives: Mediated white male victimhood

2021 ◽  
Vol 24 (1) ◽  
pp. 60-80
Author(s):  
Sarah Banet-Weiser
Keyword(s):  
Social Media ◽  
Sexual Harassment ◽  
Sexual Violence ◽  
Public Perception ◽  
White Male ◽  
The Public ◽  
Multi Media ◽  
Patriarchal Power ◽  
Almost All ◽  
False Accusations

When the hashtag #metoo began to circulate in digital and social media, it challenged a familiar interpretation of those who are raped or sexually harassed as victims, positioning women as embodied agents. Yet, almost exactly a year after the #metoo movement shot to visible prominence, a different, though eerily similar, story began to circulate on the same multi-media platforms as #metoo: a story about white male victimhood. Powerful men in positions of privilege (almost always white) began to take up the mantle of victimhood as their own, often claiming to be victims of false accusations of sexual harassment and assault by women. Through the analysis of five public statements by highly visible, powerful men who have been accused of sexual violence, I argue that the discourse of victimhood is appropriated not by those who have historically suffered but by those in positions of patriarchal power. Almost all of the statements contain some sentiment about how the accusation (occasionally acknowledging the actual violence) ‘ruined their life’, and all of the statements analyzed here center the author, the accused white man, as the key subject in peril and the authors position themselves as truth-tellers about the incidents. These statements underscore certain shifts in the public perception of sexual violence; the very success of the #metoo movement in shifting the narrative has meant that men have had to defend themselves more explicitly in public. In order to wrestle back a hegemonic gender stability, these men take on the mantle of victimhood themselves.

Marginalia as narratives of ordinary lives: Shaughnessy Bishop-Stall’s Down to This

2021 ◽  
pp. 002198942098111
Author(s):  
Silvia Julia Caporale-Bizzini
Keyword(s):  
Public Perception ◽  
Life Stories ◽  
Human Condition ◽  
The Other ◽  
Political Issues ◽  
Personal Journey ◽  
The Public ◽  
Big City ◽  
The Human Condition

This article examines Canadian author Shaughnessy Bishop-Stall’s 2004 memoir Down to This: Squalor and Splendour in a Big-City Shantytown through the notions of marginalia and the ordinary in order to question dichotomic representations of homelessness. It explores how the author moves beyond binaries, interrogating the dichotomy ordinary/out of the ordinary lives by narrating his ethical encounter with the other (Butler, 2004). The text is written as a journal where Bishop-Stall describes his personal journey through homelessness; and more importantly, it gives a voice to the other down-and-out people in notorious Toronto’s Tent City. The characters’ unreliable and fragmented storytelling uncovers the lives of the faceless others. I contend that in Down to This individuals’ life stories are connected to realities which question binaries through the re/mapping of ordinary experiences and affects; they disintegrate the opposition materiality vs abstraction, or as I argue, exclusion vs inclusion (out of the ordinary/ordinary). Down to These bridges the private details of the residents’ life stories, and the public perception of the problem of homelessness, illustrating how everyday moments of precarity intersect with wider political issues. In the process, the narrative also questions the binary attitudes of exclusion (disfranchisement) and inclusion (privilege). This literary strategy gives the constellation of stories a profound illuminating vision of the human condition. I show my point by drawing on the of marginalia (Kistner 2014), and by analysing the characters’ narratives of precariousness through the notions of editing and affective assemblage (Gerlach, 2015; Hamilakis, 2017).

Money Multiplier Bias Due to Informal Sector: An Extension of the Existing Money Multiplier

2021 ◽  
pp. 227797872097988
Author(s):  
Khurrum S. Mughal ◽  
Friedrich G. Schneider ◽  
Faheem Aslam ◽  
Alishba Tahir
Keyword(s):  
Money Supply ◽  
Informal Sector ◽  
Informal Economy ◽  
Economic Policies ◽  
Official Statistics ◽  
Jel Codes ◽  
Money Multiplier ◽  
Multiplier Effect ◽  
The Impact

To demonstrate the impact of informal economy on the official money multiplier in currency supply, we present an extension of the basic money multiplier model. The influence of economic policies may differ if they are based only on official statistics without considering the informal sector. Since most of the activities in informal sector are hidden from authorities, it is widely assumed that these activities are based on cash transactions, a part of total currency that cannot be attracted towards deposits due to the holder’s fear of prosecution and taxation, etc. Therefore, it is expected that such currency holdings can give biased results by playing a role in the money multiplier, a phenomenon that is usually ignored while attempting to alter money supply. The article also indicates that because of informal sector, the currency deposit ratio in the money multiplier is smaller than expected (depending on size of the informal sector), leading to a larger multiplier effect. JEL Codes: E26, E51, O17

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