A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Alena Ledeneva invites you on a voyage of discovery, to explore society's open secrets, unwritten rules and know-how practices. Broadly defined as 'ways of getting things done', these invisible yet powerful informal practices tend to escape articulation in official discourse. They include emotion-driven exchanges of gifts or favours and tributes for services, interest-driven know-how (from informal welfare to informal employment and entrepreneurship), identity-driven practices of solidarity, and power-driven forms of co-optation and control. The paradox, or not, of the invisibility of these informal practices is their ubiquity. Expertly practised by insiders but often hidden from outsiders, informal practices are, as this book shows, deeply rooted all over the world, yet underestimated in policy. Entries from the five continents presented in this volume are samples of the truly global and ever-growing collection, made possible by a remarkable collaboration of over 200 scholars across disciplines and area studies. By mapping the grey zones, blurred boundaries, types of ambivalence and contexts of complexity, this book creates the first Global Map of Informality. The accompanying database is searchable by region, keyword or type of practice, so do explore what works, how, where and why! This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.

The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.

Informality through Sustainability explores the phenomenon of informality within urban settlements and aims to unravel the subtle links between informal settlements and sustainability. Penetrating its global profile and considering urban informality through an understanding of local implications, the authors collectively reveal specific correlations between sites and their local inhabitants. The book opposes simplistic calls to legalise informal settlements or to view them as ‘problems’ to be solved. It comes at a time when common notions of ‘informality’ are being increasingly challenged. In 25 chapters, the book presents contributions from well-known scholars and practitioners whose theoretical or practical work addresses informality and sustainability at various levels, from city planning and urban design to public space and architectural education. Whilst previous studies on informal settlements have mainly focused on cases in developing countries, approaching the topic through social, cultural and material dimensions, the book explores the concept across a range of contexts, including former Communist countries and those in the so-called Global North. Contributions also explore understandings of informality at various scalar levels – region, precinct, neighbourhood and individual building. Thus, this work helps reposition informality as a relational concept at various scales of urbanisation. This book will be of great benefit to planners, architects, researchers and policymakers interested in the interplay between informality and sustainability.

Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.

The turn of the century has been a moment of rapid urbanization. Much of this urban growth is taking place in the cities of the developing world and much of it in informal settlements. This book presents cutting-edge research from various world regions to demonstrate these trends. The contributions reveal that informal housing is no longer the domain of the urban poor; rather it is a significant zone of transactions for the middle-class and even transnational elites. Indeed, the book presents a rich view of "urban informality" as a system of regulations and norms that governs the use of space and makes possible new forms of social and political power. The book is organized as a "transnational" endeavor. It brings together three regional domains of research--the Middle East, Latin America, and South Asia--that are rarely in conversation with one another. It also unsettles the hierarchy of development and underdevelopment by looking at some First World processes of informality through a Third World research lens.

For most of the twentieth century, modernity has been characterised by the formalisation of social relations as face to face interactions are replaced by impersonal bureaucracy and finance. As we enter the new millennium, however, it becomes increasingly clear that it is only by stepping outside these formal structures that trust and co-operation can be created and social change achieved. In a brilliant theoretical tour de force, illustrated with sustained case studies of changing societies in the former eastern Europe and of changing forms of interaction within so-called virtual communities, Barbara Misztal, argues that only the society that achieves an appropriate balance between the informality and formality of interaction will find itself in a position to move forward to further democratisation and an improved quality of life.