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 Economy
Famous quotes containing the word poverty:
“The common argument that crime is caused by poverty is a kind of slander on the poor.”
—H.L. (Henry Lewis)
“There is something about poverty that smells like death. Dead dreams dropping off the heart like leaves in a dry season and rotting around the feet; impulses smothered too long in the fetid air of underground caves. The soul lives in a sickly air. People can be slave-ships in shoes.”
—Zora Neale Hurston (1891–1960)
“Poverty at home is not a problem, but poverty on the road can be fatal.”
—Chinese proverb.