Non-formal Institutions, Informal Economies, and the Politics of Inclusion

Aili Mari Tripp

No DP2001-108, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Africa's formal economies responded poorly to economic reform measures in the 1980s and 1990s while informal markets and institutions responded dynamically and proved to be more resilient. Using comparative analysis of African informal economies, this study explains why this was the case. It outlines the economic rationales that drive these informal economies to show how their logic often derives from social considerations that may be at odds with the goals of profit maximization. It then maps out some of the institutional terrain within which the informal sector operates.

Keywords: Economic policy; Informal sector; Women (search for similar items in EconPapers)
Date: 2001
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