Analysis of the concept of informal economy through 102 definitions: legality or necessity.

ABSTRACT: The processes of informal economy are well established, but the same cannot be said of their conceptual treatment in the academic literature. They constitute complex phenomena that cut across sectors and disciplines and give rise to other elements that simultaneously reject and encourage them. For many formal stakeholders in the economy, they are an enemy to be beaten; for the authorities, informal activity is seen as a loss of revenue for the state coffers; for the Sustainable Development Goals, by implicitly recognizing them in goal 8, they constitute a paradigm shift.  Meanwhile, the reality for those involved in the informal economy is that it is a way of life and not a mere choice, one that leads to the most social of all economies: that of necessity. There is no consensus among acade

SUBMITTER: Luque A 

PROVIDER: S-EPMC10521053 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature