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:
“For where’er the sun does shine,
And where’er the rain does fall,
Babe can never hunger there,
Nor poverty the mind appall.”
—William Blake (1757–1827)
“Had it pleased heaven
To try me with affliction, had they rained
All kind of sores and shames on my bare head,
Steeped me in poverty to the very lips,
Given to captivity me and my utmost hopes,
I should have found in some place of my soul
A drop of patience.”
—William Shakespeare (1564–1616)
“People with a culture of poverty suffer much less from repression than we of the middle class suffer and indeed, if I may make the suggestion with due qualification, they often have a hell of a lot more fun than we have.”
—Brian Friel (b. 1929)