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What do you mean by that? Neuwirth ... Neuwirth: Well, the formal economy is not working for people. It’s very simple; it’s a combination of too many rules and regulations that cost too ...
And there too informalisation of the formal is becoming the trend in a ‘new economy’, with platform companies such as Uber and the growth of the ‘gig economy’. Nobel laureate W Arthur ...
To conflate the formal and informal economy is to ... Depending on your preferred definition of the word “economy”, the phrase “sharing economy” is either a tautology or an oxymoron.
Many people who cannot find jobs in the formal economy are relegated to working in the informal sector, for lower wages and without the protections and opportunities that workers enjoy in the formal ...
India heavily relies on the informal economy, employing over 80 per cent of its workforce, despite rapid economic growth. In both traditional and formal sector, informality persists due to limited ...