informal markets
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2021 ◽  
pp. 85-108
Author(s):  
Calla Hummel

Chapter 4 tells the history and structure of street vending in two municipalities in the La Paz department of Bolivia and two districts in the São Paulo state in of Brazil. This chapter demonstrates how officials actively intervene in informal markets and workers’ organizations, and suggests how those interventions vary over time, creating highly structured organizations around La Paz and fleeting organizations around São Paulo. The chapter then develops the specific incentive structures that officials and workers face. Chapter 4 grounds the game theoretic model’s assumptions in observations from street markets in La Paz: It shows that unorganized street vendors create negative externalities, that street vendors approach collective action decisions with a cost–benefit analysis, that officials offer private benefits to organized street vendors, especially leaders, and that once organized, street vendors self-regulate and bargain with officials.


Author(s):  
Anja P. Jakobi

Informal markets have often been conceived primarily as a problem in developing countries, while they are also a frequent element of developed economies and global economic exchange. This article analyzes informal markets from an International Political Economy (IPE) perspective, examining two substantially different understandings of informal markets and related research: From the first perspective, analyses focus on how informal markets relate to formal markets, how large the informal market is, and what kind of deviation exists between the formal and informal sector. The second perspective analyzes informal markets against the background of illegal markets and crime. In a first step, the article elaborates on the many varieties and definitions of informal markets. In a second step, the article details explanations for the rise of informal markets. Research typically analyzes the local and national level of informal markets, less so international and transnational linkages, and IPE can contribute to this research substantially. In a third step, the article discusses the methodological challenges linked to assessing the existence and size of informal markets, and the fourth section presents different policies on how informal markets are governed. The concluding section outlines areas for further IPE research on informal markets.


Foods ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 2728
Author(s):  
Selena Ahmed ◽  
Gina Kennedy ◽  
Jennifer Crum ◽  
Chris Vogliano ◽  
Sarah McClung ◽  
...  

Globalization is transforming food environments in low- and middle-income countries (LMICs) with implications for diets and nutrition. However, most food-environment assessments were developed for use in high-income countries. We evaluated the suitability of 113 data-collection assessments (i.e., methods, tools, and metrics) for eight dimensions of informal and formal market food environments for diverse contexts of LMICs. We used a scoring exercise and a survey of experts (n = 27). According to the scoring exercise, 10 assessments (8 methods, 1 tool, and 1 metric) were suitable without modification for informal markets. Suitability for formal markets was markedly higher, with 41 assessments (21 methods, 14 tools, and 6 metrics) found suitable without modification. Experts considered availability, accessibility, price, and affordability the most important dimensions of market food environments to evaluate in LMICs. Market-basket analysis and vendor audits (which include inventories) were ranked as the most suitable methods to assess multiple dimensions of market food environments, including availability, price, affordability, vendor and product characteristics, marketing, and regulation. Gaps in relevant assessments were found for convenience and desirability. Results demonstrate the need for the development, adaptation, and validation of assessments relevant for informal markets in a diverse range of LMIC contexts to support diets, nutrition, and health globally.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jaqueline Pels ◽  
Luis Araujo ◽  
Tomas Andres Kidd

Purpose In developing economies, 30% of the gross domestic product on average is undertaken by unregistered businesses. The informal economy leads to high opportunity costs by preventing gains from trade with strangers. To overcome this obstacle, sellers who usually operate in the informal economy should strive to move to formal markets. Current theories are drawn from a view of markets as institutions governed by formal and informal rules. In a nutshell, informal-formal market transitions must be met with a regulative solution. However, the overall results have been disappointing. This failure invites a re-diagnosis of the problem that informal sellers face to act in formal markets and suggesting novel solutions. This paper aims to address this gap. Design/methodology/approach This is a conceptual paper. The authors adopt MacInnis’s (2011) framework to characterize the approach to theory development. Findings The authors argue that extant views of formal/informal markets differences address only one of Scott’s (2014) three pillars (regulative, normative and cultural-cognitive). By drawing on Bourdieu’s legacy, the authors propose a cultural-cognitive reading of institutions and suggest it offers a lens to understand the problem as an access challenge, and thus a marketing problem. This perspective allows us to conceptualize informal/formal markets as two distinct institutional fields and argues that all individuals inhabit a particular habitus and contend that moving between markets requires a habitus shift. Thus, acting in formal markets involves bridging a habitus gap. Finally, the authors argue the need for a market-facing intermediary that takes on a market habitus bridging role. Research limitations/implications The authors suggest future research efforts could benefit from this new conceptual lens as a means of re-diagnosing other forms of market access that have produced disappointing results. Practical implications By looking at differences between formal and informal markets as a habitus gap, the allocation of public funds to support transitions can be better targeted and spent. Social implications The concept of market-facing intermediaries suggests that the beneficiary (e.g. informal seller) and target populations can be different. This insight could catalyze social innovation and trigger novel perspectives to design systemic solutions. Originality/value Conceptualizing the formal-informal market transition as a habitus gap suggests new directions to resolve access challenges and a new mediator solution.


2021 ◽  
Vol 12 ◽  
Author(s):  
Carla L. Schwan ◽  
Sara Lomonaco ◽  
Leonardo M. Bastos ◽  
Peter W. Cook ◽  
Joshua Maher ◽  
...  

Non-typhoidal Salmonella enterica is a pathogen of global importance, particularly in low and middle-income countries (LMICs). The presence of antimicrobial resistant (AMR) strains in market environments poses a serious health threat to consumers. In this study we identified and characterized the genotypic and phenotypic AMR profiles of 81 environmental S. enterica strains isolated from samples from informal markets in Cambodia in 2018–2019. AMR genotypes were retrieved from the NCBI Pathogen Detection website (https://www.ncbi.nlm.nih.gov/pathogens/) and using ResFinder (https://cge.cbs.dtu.dk/services/) Salmonella pathogenicity islands (SPIs) were identified with SPIFinder (https://cge.cbs.dtu.dk/services/). Susceptibility testing was performed by broth microdilution according to the Clinical and Laboratory Standards Institute (CLSI) standard guidelines M100-S22 using the National Antimicrobial Resistance Monitoring System (NARMS) Sensititre Gram Negative plate. A total of 17 unique AMR genes were detected in 53% (43/81) of the isolates, including those encoding tetracycline, beta-lactam, sulfonamide, quinolone, aminoglycoside, phenicol, and trimethoprim resistance. A total of 10 SPIs (SPI-1, 3–5, 8, 9, 12–14, and centisome 63 [C63PI]) were detected in 59 isolates. C63PI, an iron transport system in SPI-1, was observed in 56% of the isolates (n = 46). SPI-1, SPI-4, and SPI-9 were present in 13, 2, and 5% of the isolates, respectively. The most common phenotypic resistances were observed to tetracycline (47%; n = 38), ampicillin (37%; n = 30), streptomycin (20%; n = 16), chloramphenicol (17%; n = 14), and trimethoprim-sulfamethoxazole (16%; n = 13). This study contributes to understanding the AMR genes present in S. enterica isolates from informal markets in Cambodia, as well as support domestic epidemiological investigations of multidrug resistance (MDR) profiles.


2021 ◽  
Vol 5 (2) ◽  
pp. 110-120
Author(s):  
Aayushi VERMA ◽  
Pawan KUMAR MISRA

The formal and the informal market are two significant parts of the economy in India. However, the portion of the informal sector is more when contrasted with the formal one. The informal share of market, which eventually bolsters the conventional economy, is expanding step by step. These informal Markets give a special topic of sociological examination with regards to the informal economy. This paper intends to sociologically contextualize street vendors and weekly markets in the triangle shaped by the urban space, informal economy and state, and see how informal ness is conjured in formal metropolitan circle. This examination through different past investigations attempted to comprehend vendors profile of these market and their conduct with shoppers and among themselves. This paper investigates the profile of consumer and their conduct in urban weekly market. The conduct that the consumers show in looking for, buying, utilizing, assessing and discarding items and services that they expect will fulfil their necessities. Consumer behaviour is impacted by different components like individual, ecological and dynamic. This examination utilizes distinctive other recently distributed attempts to comprehend the idea of weekly market. Further this article also brings into light various problems faced by these informal markets and also talks about policies and legislation brought by government for their betterment.


Author(s):  
Diego Vera-Cossio

Abstract Locally targeted programs may exploit available information transmitted through local networks to improve the selection of beneficiaries, but the effective use of this information is not granted when the selection of beneficiaries entails balancing multiple targeting criteria that are costly to verify. This paper analyzes how local committees balance issues of neediness, productivity, risk, and favoritism to allocate subsidized loans to Thai villagers. Local committees in charge of managing village funds provided credit to richer, less-productive and elite-connected villagers threatening the program’s sustainability. Informal markets partially attenuated the targeting distortions by redirecting credit from connected to unconnected households, albeit at high interest rates. Counterfactual exercises show that eliminating the connection-based distortions would reduce within-village inequality by 9.7% and modestly increase village-level output by 0.9 to 1.5%.


2021 ◽  
Vol 13 (16) ◽  
pp. 8839
Author(s):  
Alberto B. Charrua ◽  
Philip J. Havik ◽  
Salomão Bandeira ◽  
Luís Catarino ◽  
Ana Ribeiro-Barros ◽  
...  

In Mozambique (South-eastern Africa), Phaseolus vulgaris and Vigna spp. are important staple foods and a major source of dietary protein for local populations, particularly for people living in rural areas who lack the financial capacity to include meat in their daily dietary options. This study focuses on the potential for improving diets with locally produced nutritious legumes whilst increasing food security and income generation among smallholder farmers. Using bean species and varieties commercialised as dry legumes in the country, it sets out to characterize and compare the chemical properties of Phaseolus vulgaris and Vigna spp. among the most commercialised dry legume groups in Mozambique. The principal component analysis showed a clear separation between Phaseolus and Vigna species in terms of proximate composition, whereas protein content was quite uniform in both groups. It concludes that the introduction of improved cultivars of Phaseolus vulgaris and Vigna species maize–legume intercropping benefits yield, diets and increases household income with limited and low-cost inputs while enhancing the resilience of smallholder farmers in vulnerable production systems affected by recurrent drought and the supply of legumes to urban informal markets.


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