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:
“Give a beggar a dime and he’ll bless you. Give him a dollar and he’ll curse you for witholding the rest of your fortune. Poverty is a bag with a hole at the bottom.”
—Anzia Yezierska (c. 1881–1970)
“We have two useless gods who never leave our island, but like to dwell in it constantly, Poverty and Helplessness.”
—Herodotus (c. 484–424 B.C.)
“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)