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:
“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)
“Poor John Field!—I trust he does not read this, unless he will improve by it,—thinking to live by some derivative old-country mode in this primitive new country.... With his horizon all his own, yet he a poor man, born to be poor, with his inherited Irish poverty or poor life, his Adam’s grandmother and boggy ways, not to rise in this world, he nor his posterity, till their wading webbed bog-trotting feet get talaria to their heels.”
—Henry David Thoreau (1817–1862)