Online Encyclopedia
Informal economy
In economics the informal economy is the system of exchange used outside state-controlled or money-based economic activities.
The informal economy consists of barter, mutual self-help, odd jobs, allotment farming, street trading, and other similar activities. Most of the world's population participate in their local informal economies.
See also
External links
- The informal economy in Latin America
- http://www.newscientist.com/opinion/opinterview.jsp?id=ns23541
- Formalizing the informal economy
Last updated: 10-24-2004 05:10:45