Informal Economy - Poverty

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:

    Wealth makes the laws that poverty must obey.
    Mason Cooley (b. 1927)

    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)

    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)