Sarbajit Chaudhuri, Ujjaini Mukhopadhyay

Revisiting the Informal Sector (eBook, PDF)

A General Equilibrium Approach

• Format: PDF

Produktbeschreibung

sector has drawn serious cognizance among economists in view of its role in developing economies. The earlier contention that the informal sector epitomises the 'residual' sector or a sector of last resort has been belied by a plethora of evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and in propelling the dev- oping economies towards growth and prosperity. This conceptual metamorphosis regarding the informal sector has stimulated revived interest in the phenomenon amongdevelopmenteconomists.Thereexistmanybooksthatdealwiththesector analyticallyorempirically. However, the theoretical analysis of the different aspects of the sector is equally important, especially for formulation of appropriate policy prescriptions. Comparativestaticresults,inmanycases,divergefromtheconventionalresults.We noticedthatalthoughvariousauthorshavepublishedtheoreticalpapersindifferent journals, there are very few books that try to understand the informal sector in a theoreticalframework.Thislacunainculcatedinusaninteresttowritethisbook.

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Produktdetails

• Verlag: Springer US
• Seitenzahl: 243
• Erscheinungstermin: 15. Oktober 2009
• Englisch
• ISBN-13: 9781441911940
• Artikelnr.: 37363118

Inhaltsangabe

Theoretical Foundations: A General Equilibrium Approach.- The Harris-Todaro Migration Model and Introduction of the Informal Sector.- Informal Sector and Open Unemployment.- Foreign Capital Inflow, Informal Sector and Welfare.- How and How Far to Liberalise a Developing Economy.- Economic Liberalisation, Informal Wage and Skilled-Unskilled Wage Inequality.- Incidence of Child Labour, Informal Sector and Economic Liberalisation.- Informal Sector, Pollution and Waste Management.- Conclusion and Comments.