GGRC13H3 Lecture Notes - Lecture 12: Unemployment Benefits, Informal Sector, Shanty Town
Document Summary
What does it mean to be informal: under the table, not regulated, unofficial, black market- drugs, informal settlement- housing, economic informality. Definition: economic activities that fall both within and outside of government regulation and permission (see tchoukaleyska p 82) Selling legal goods in a quasi-legal way (street food vendors selling food without a license) Work that is waged but outside of state taxation, regulation etc. (e. g. babysitting) Legal businesses that employ illegal" or unauthorized workers (migrant workers) Legal establishments that conduct informal activities in addition to formal ones (e. g. bribery) there are so many parts of economy falls out of regulation. These are rendered informal" by the state because the government prohibits them from being a part of the formal economy". Just because it"s not paid, it is still work and it"s an indispensable part of making urban economies function: political informality.