Overview
- Presents a practical framework for analysing the economic contribution of the informal sector
- Provides insight into the economic drivers of migration from rural to urban areas
- Highlights the important role of the informal sector within the development process
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About this book
This book bridges the gap between theoretical and empirical understandings of the informal sector to provide insight into the role of the informal sector within the development process. By analysing three economic sectors, it sets out a framework for analysing urbanisation, rural-urban migration, agriculture- industry relationship, income inequality, structural change, employment, and optimal growth. Through highlighting the economic contribution of the informal sector, its impact on the national output and influence on the labour market is shown, alongside how employment opportunities in the informal sector drive rural and urban migration.
This book presents a nuanced understanding of the dynamics of the informal sector and its role in the development of economies. It will be of interest to researchers and policymakers working within development economics and growth economics.
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Table of contents (5 chapters)
Authors and Affiliations
About the author
Prabir Bhattacharya is an economist affiliated to Glasgow University and Heriot-Watt University.
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Bibliographic Information
Book Title: Informal Sector in Economic Development
Book Subtitle: An Analytical Foundation
Authors: Prabir Bhattacharya
DOI: https://doi.org/10.1007/978-3-031-60243-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024
Hardcover ISBN: 978-3-031-60242-9Published: 01 August 2024
Softcover ISBN: 978-3-031-60245-0Published: 02 August 2025
eBook ISBN: 978-3-031-60243-6Published: 31 July 2024
Edition Number: 1
Number of Pages: XV, 106
Number of Illustrations: 17 b/w illustrations
Topics: Development Economics, Labor Economics, Asian Economics, Urban Economics