Consequently, the gap between formal and informal systems continues to widen as evidenced by how the informal economy is fast becoming a secondary underground ecosystem whose systems cannot be ...

He added that numerous other large sectors exist in the informal economy, including automotive, construction, catering, car washes, and bakeries. “If you take a mirror to the formal economy ...

In a remarkable testament to resilience, 1. 9 million South Africans operated non-VAT registered businesses in 2023, a ...

UCSB sociologist Dana Kornberg examines how race, caste and institutional access shape unequal pathways to status and wealth ...

Geza is banking on the support of citizens frustrated by the ailing economy, which has left the majority on the brink of formal unemployment. However, with most people engaged in informal ...

Studies suggest Nepal has a large informal economy. What role can banks play in bringing informal economic activities into the formal system, and how can they design products or outreach programmes to ...

Tariffs will weigh on the global economy and dent the region’s post-pandemic economic momentum. That’s because exports have led growth in many emerging economies amid lackluster domestic demand. In ...

The number of monthly fresh formal hirings declined for the third straight month in February, signalling further deterioration in the formal labour markets. The number of new monthly subscribers under ...

Net formal job creation under EPFO saw a rise to 1.6 million in February, a 3.99% increase from the previous year, with 0.74 million new subscribers. A significant portion, 57.7%, were young ...