Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 17 October 2019

Abstract and Keywords

This article examines how the informal economy matters in the context of poverty and social inequality. It first presents a brief history of the concept and related theoretical perspectives and controversies before discussing the informal economic activities among the urban poor. In particular, it considers the informal economy between informal activities and the informal sector and describes three types of informal economies, along with their corresponding problems: the informal economy in the third world, to which corresponds a problem of development; the “second economy” in the Soviet Union, which complicates the question of the relationship between formal and informal; and the informal economy in contemporary Western societies. The article also explores what types of regulation emerge from informality and concludes with an assessment of methodological challenges and research priorities for the coming period of social science research on the urban poor.

Keywords: informal economy, poverty, social inequality, urban poor, informal activities, informal sector, development, second economy, regulation, informality

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.