Tag Archives: jobs

Can too much formalization be bad for poverty alleviation?

By | December 10, 2015

Earlier this year, there was an interesting article which pointed out the important role the informal sector plays in developing countries, particularly on the African continent. Apart from being over-financialised, which reduces the incentives to create “real jobs” the other structural problem facing the South African economy is its over-formalisation. The informal sector accounts for… Read More »