"This book provides a framework to understand the disregarded aspect of emerging market growth which is informal employment. Informal employment in unregistered enterprises or of workers without employment contracts or social protection contributions constitutes 88 per cent of employment in India and is a ubiquitous feature of the economy. A large proportion of informal employment (86 per cent) is self-employment and this category of employment has been neglected in the literature on work and development which has focused instead on wage employment that is a contract for work with another person or enterprise. Another striking feature of such economies which the book engages with is that, as they have liberalized, informal employment in the registered enterprises or formal part of the economy has grown. The informal sector has been analyzed by recourse to two major approaches. One is a public economics framework that underlines how informal enterprises evolve as they trade-off reduced access to public services such as contract enforcement with the payment of taxes and regulatory compliances. This book extends this literature by focusing on the access to formal sector credit and its potential for financing productive enterprises as a factor that is considered when an enterprise contemplates whether to incorporate or not. The second leg of the literature takes a labour perspective and emphasizes mandated labour costs such as hiring and firing costs, benefits, and minimum wages as considerations when deciding on whether to engage labour on a formal or informal basis. The book broadens this literature by taking into account how the human capital of workers and the monitoring costs of ensuring that workers are adhering to the terms of negotiated contracts inform the decision with regard to informality. The book will resonate with those academics and policy makers who are engaged with the conundrums of development."--ProQuest website

nexusstc/Conceptualizing the Ubiquity of Informal Economy Work/73be8c619d9c0e361b71931ec8e758e9.pdf

lgli/10.1007%2F978-981-15-7428-3.pdf

lgrsnf/10.1007%2F978-981-15-7428-3.pdf

scihub/10.1007/978-981-15-7428-3.pdf

zlib/Society, Politics & Philosophy/Government & Politics/Errol D’Souza/Conceptualizing the Ubiquity of Informal Economy Work_11236819.pdf

501598_1_En_Print.indd

D'Souza, Errol

0014813

Springer Nature Singapore Pte Ltd Fka Springer Science + Business Media Singapore Pte Ltd

SpringerBriefs in economics, 1st ed. 2020, Singapore, 2020

Springer Nature, Singapore, 2020

Singapore, Singapore

6, 20200826

sm83671471

producers:
Acrobat Distiller 10.1.16 (Windows)

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Testimonials 6
Preface 9
Contents 16
About the Author 18
1 When Will Formality Become the Norm? 19
Introduction 19
Taxes and Financial Intermediation 21
A Theoretical Framework 22
The Role of Indirect Taxation 24
Direct and Indirect Taxes 26
Availability of Formal Finance and Judicial Efficiency 27
Concluding Comments 28
Bibliography 30
2 Self-Employment and Human Capital 31
Introduction 31
Labour Allocation 32
Concluding Remarks 35
Bibliography 36
3 Informal and Formal Employment in a Liberalizing Economy 37
Introduction 37
Informal Employment in the Formal Sector 39
Conclusion 48
Bibliography 49
4 Migrants and Informal Casual Labour Markets 51
Informal Casual Labour Markets 58
Wage Regulation 61
Conclusion 65
Bibliography 66
5 Wage Disparity and Human Capital Accumulation 68
Human Capital, Technology, and Development 68
The Process of Accumulation 69
Concluding Remarks 74
Bibliography 75
6 The Pervasiveness of Self-Employment 76
Introduction 76
Efficiency Wages and Self-Employment 80
Conclusion 85
Bibliography 86
7 Secure Livelihoods 87
Introduction 87
Equality of Opportunity 88
Stochasticity and Institutions 92
Credit-Cum-Insurance Services 96
Bibliography 101

Front Matter ....Pages i-xix
When Will Formality Become the Norm? (Errol D’Souza)....Pages 1-12
Self-Employment and Human Capital (Errol D’Souza)....Pages 13-18
Informal and Formal Employment in a Liberalizing Economy (Errol D’Souza)....Pages 19-32
Migrants and Informal Casual Labour Markets (Errol D’Souza)....Pages 33-49
Wage Disparity and Human Capital Accumulation (Errol D’Souza)....Pages 51-58
The Pervasiveness of Self-Employment (Errol D’Souza)....Pages 59-69
Secure Livelihoods (Errol D’Souza)....Pages 71-86

SpringerBriefs in Economics
Erscheinungsdatum: 27.08.2020

2020-09-20