Poverty
The relationship between the informal sectors and poverty certainly isn’t simple nor does a clear, causal relationship exist. An inverse relationship between an increased informal sector and slower economic growth has been observed though. Average incomes are substantially lower in the informal economy and there is a higher preponderance of impoverished employees working in the informal sector.
Read more about this topic: Informal Sector
Famous quotes containing the word poverty:
“Media mystifications should not obfuscate a simple, perceivable fact; Black teenage girls do not create poverty by having babies. Quite the contrary, they have babies at such a young age precisely because they are poor—because they do not have the opportunity to acquire an education, because meaningful, well-paying jobs and creative forms of recreation are not accessible to them ... because safe, effective forms of contraception are not available to them.”
—Angela Davis (b. 1944)
“You know what? Poets are being pursued by the philosophers today out of the poverty of philosophy. God damn it, you might think a man had no business to be writing, to be a poet unless some philosophic stinker gave him permission.”
—William Carlos Williams (1883–1963)
“The real weakness of England lies, not in incomplete armaments or unfortified coasts, not in the poverty that creeps through sunless lanes, or the drunkenness that brawls in loathsome courts, but simply in the fact that her ideals are emotional and not intellectual.”
—Oscar Wilde (1854–1900)