SOSC 1430 Lecture Notes - Lecture 22: Social Insurance Number, Informal Sector, Market Economy
3 Oct 2016
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Document Summary
Have identi ed features of third world cities, now looking at people; those living in squatter settlements and working in the informal sector. 40-60% of population of third world cities. 40% of many nations" gnp - economic contribution to country"s wealth. An important part of economic life, not a peripheral thing. Coined back in the 1970s: work on kenya, looking at how people survived in cities - idea of informal sector emerged. Is a problem that needed xing; unusual, and primarily dysfunctional. Exist because urban poor lack the necessary skills to make it in the city. Solution" - if the problem is lack of skills, then should focus on implementing training programs to impart skills: later studies: informal sector as a resource, functional to economies and day to day life. See informal sector as a resource: it can contribute a great deal to economies and well-being of the urban poor. Not a problem - people should adapt to informal sector.
