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:
“He who is not capable of enduring poverty is not capable of being free.”
—Victor Hugo (1802–1885)
“The poverty from which I have suffered could be diagnosed as “Soho” poverty. It comes from having the airs and graces of a genius and no talent.”
—Quentin Crisp (b. 1908)
“The common argument that crime is caused by poverty is a kind of slander on the poor.”
—H.L. (Henry Lewis)