Informal Sector can eliminate a Repeat of 2007 Crisis
… inability to continue employing, and the increased competition for seemingly diminishing resources, infrastructure, services and marketplace opportunities. … On the other, it provides jobs and offers incomes for some of the most vulnerable groups in our country….In fact, only in the informal sector was there more equitable distribution of income. … As a result of the failure of the ‘growth with equity’ strategy to actually generate opportunities for the poor, the focus of development shifted to ‘employment generation’…
Originally posted here:
Informal Sector can eliminate a Repeat of 2007 Crisis
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