We’re rewarding the question askers & reputations are being recalculated! Read more.

Questions tagged [informality]

The informal sector, informal economy, or grey economy is the part of an economy that is neither taxed, nor monitored by any form of government. Unlike the formal economy, activities of the informal economy are not included in the gross national product (GNP) and gross domestic product (GDP) of a country.

Filter by
Sorted by
Tagged with
1
vote
2answers
43 views

What do people think are good economic policies to reduce informality?

It seems that lots of informality, ie. people or firms that exist without being part of the tax, health, legal, regulatory systems, is one of the main issues to deal with in developing economies or ...
1
vote
1answer
50 views

Is there a change over the business cycle in how much of economic activity is market-based?

Out of the total production in an economy, a big part is market-based, as when you make something and sell it. But a big part is not, as when you make something and don't sell it, but exchange it or ...