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:
“I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.”
—George Gordon Noel Byron (1788–1824)
“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)
“In going to America one learns that poverty is not a necessary accompaniment to civilisation.”
—Oscar Wilde (1854–1900)