Informal Sector in Economic Development: An Analytical Foundation - Softcover

Bhattacharya, Prabir

Softcover

ISBN 10: 3031602455 ISBN 13: 9783031602450

Publisher: Palgrave Macmillan, 2025

Synopsis

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.

 

About this title

About the Author

Prabir Bhattacharya is an economist affiliated to Glasgow University and Heriot-Watt University.

From the Back Cover

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.

Prabir Bhattacharya is an economist affiliated to both Glasgow and Heriot-Watt Universities. He is editor-in-chief of the Journal of Interdisciplinary Economics and was formerly editor-in-chief of the Progress in Development Studies. He has taught at various universities including the University College London, University of Edinburgh, Yokohama National University, Kobe University and the University of Science and Technology Beijing.

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2025
• Language: English
• ISBN 10: 3031602455
• ISBN 13: 9783031602450
• Binding: Paperback
• Number of pages: 121