Most jobs in the developing countries are found in the informal economy, which plays a predominant role in developing economies. Word even has it that the global economic crisis has increased the weight of the informal sector due to job losses in other economic sectors. Therefore, if we want to improve our understanding of how these countries’ economies work, we need to improve our knowledge of the informal economy. The issue of informality obviously takes on a particular twist in Asia. This continent has seen the most spectacular development in the world’s history in recent decades. Consequently, the region’s governments, more than elsewhere, have decided that there is no need … Continue reading Informal economy in Asia