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Beyond The Formal Economy: Evaluating The Level Of Employment In Informal Sector Enterprises In Global Perspective, Colin C. Williams
Beyond The Formal Economy: Evaluating The Level Of Employment In Informal Sector Enterprises In Global Perspective, Colin C. Williams
Colin C Williams
The aim of this paper is to evaluate the varying level of employment in informal sector enterprises
across the globe and to undertake an exploratory analysis of the wider economic and social conditions
associated with greater levels of informalization. Examining International Labor Organization surveys
conducted in 43 countries, the finding is that the main job of just under one in three (31.5 percent) nonagricultural
workers is in an informal sector enterprise. Conducting an exploratory analysis of the
correlation between countries with higher levels of employment in informal sector enterprises and
economic under-development (‘modernization’ thesis), higher taxes, corruption and state interference …