Informal economic activity - which may be broken down analytically into informal production (work) and informal exchange (trade) - is most prevalent in 'developing' and 'transition' nations, less likely to occur in 'Communist' countries, and least probable in 'developed' nations like those located in Europe and the United States and examined in this book. Perhaps because of this, there is a widely held belief among economists that informal work dissipates or disappears as nations or areas within them develop economically. The authors of this volume take the orthodox view of 'informal work' and dismantle it piece by piece, presenting an analysis of the extent to which this phenomenon plays a significant role in developing countries across the world. The edited collection succeeds in its uncompromising call for more socially, culturally and geographically embedded readings of informal work.
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