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Revisiting The Informal Sector: A General Equilibrium Approach

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Revisiting The Informal Sector: A General Equilibrium Approa...
ISBN
9781489983268
Subject Area
Business & Economics
Publication Name
Revisiting the Informal Sector : a General Equilibrium Approach
Item Length
9.3 in
Publisher
Springer New York
Subject
Development / Economic Development, Economics / General, International / General, Econometrics
Publication Year
2014
Type
Textbook
Format
Trade Paperback
Language
English
Author
Ujjaini Mukhopadhyay, Sarbajit Chaudhuri
Item Width
6.1 in
Item Weight
16 Oz
Number of Pages
Xiii, 243 Pages

About this product

Product Information

Informal sector has emerged as a critical element in the development process of theentiredevelopingworld.Itisnowwellrecognisedthatsuchasectorprovides employmenttothemajorityoftheworkforceinthepoorcountries.Sometimesthe shareofemploymentintheseactivitiesgoeswaybeyond50%oftotalemployment. Informalusuallyreferstoextra-legalandnon-recordedeconomicactivitiesandcan captureawholearrayofdiverseoccupations,productsandservices.Development Economicsasadisciplinehasnottreatedsuchtopicswithadequatereverence.Text booksdealingwitheconomicdevelopmentdonothaveexclusivesectionsdevoted to the discussion of growth, dynamics and sustenance of informal activities. In particular how informal transactions in'uence employment, output, productivity, wagesandenvironmentisseldomdiscussedformallyintermsofanalyticalm- els. Informal sector does not operate in a vacuum. Thus the general equilibrium linkages involving the informal and formal activities also need to be explored in detailifdevelopmentpoliciesaretobeproperlyevaluated.Thisvolumesuccessfully addressesboththeseissuesanddoesitwithcompetenceandrigour. Authorsofthisvolumehavebeenworkingonthefrontiersofdevelopmentpolicy researchinthecontextofopendevelopingeconomies,focusingmainlyongeneral equilibriumimplicationsofsuchpolicies.Infactoneoftheauthorshaswrittenat length on informal credit market. Sustained research programme on such a topic ofgreatsigni'cancelendscredibilitytothisvolume.Itisalsohightimethats- eralinternationalpublicationsoftheauthorsinrelatedareasareputtogetherina comprehensivemonograph.Iamde'nitesuchavolumewillbeveryhelpfultos- dents, researchers, policy makers and anyone seriously interested in development economics. CentreforStudiesinSocialSciences,Calcutta,India SugataMarjit vii Preface In the last few decades informal sector has drawn serious cognizance among economists in view of its role in developing economies. The earlier contention that the informal sector epitomises the 'residual' sector or a sector of last resort has been belied by a plethora of evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and in propelling the dev- oping economies towards growth and prosperity. This conceptual metamorphosis regarding the informal sector has stimulated revived interest in the phenomenon amongdevelopmenteconomists.Thereexistmanybooksthatdealwiththesector analyticallyorempirically. However, the theoretical analysis of the different aspects of the sector is equally important, especially for formulation of appropriate policy prescriptions. Comparativestaticresults,inmanycases,divergefromtheconventionalresults.We noticedthatalthoughvariousauthorshavepublishedtheoreticalpapersindifferent journals, there are very few books that try to understand the informal sector in a theoreticalframework.Thislacunainculcatedinusaninteresttowritethisbook.

Product Identifiers

Publisher
Springer New York
ISBN-10
1489983260
ISBN-13
9781489983268
eBay Product ID (ePID)
240475450

Product Key Features

Author
Ujjaini Mukhopadhyay, Sarbajit Chaudhuri
Publication Name
Revisiting the Informal Sector : a General Equilibrium Approach
Format
Trade Paperback
Language
English
Subject
Development / Economic Development, Economics / General, International / General, Econometrics
Publication Year
2014
Type
Textbook
Subject Area
Business & Economics
Number of Pages
Xiii, 243 Pages

Dimensions

Item Length
9.3 in
Item Width
6.1 in
Item Weight
16 Oz

Additional Product Features

Intended Audience
Scholarly & Professional
Number of Volumes
1 Vol.
Lc Classification Number
Hd72-88
Table of Content
Theoretical Foundations: A General Equilibrium Approach.- The Harris-Todaro Migration Model and Introduction of the Informal Sector.- Informal Sector and Open Unemployment.- Foreign Capital Inflow, Informal Sector and Welfare.- How and How Far to Liberalise a Developing Economy.- Economic Liberalisation, Informal Wage and Skilled-Unskilled Wage Inequality.- Incidence of Child Labour, Informal Sector and Economic Liberalisation.- Informal Sector, Pollution and Waste Management.- Conclusion and Comments.
Copyright Date
2010
Dewey Decimal
330
Dewey Edition
22
Illustrated
Yes

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