Informalization: Process and Structure
- List Price: $47.00
- Binding: Hardcover
- Publisher: Johns Hopkins University Press
- Publish date: 12/01/2000
- ISBN: 9780801864520
- ISBN10: 0801864526
Demonstrating the cyclical patterns of expansion and contraction through which the informal economy has developed, the authors trace the history of the informal economy within and against that of capitalism, from the fourteenth century to the twentieth. They look at the present global situation of the informal economy, inside and outside the order established by American hegemony. They examine the factors -- at both the state and grassroots levels -- to determine its likely trajectory in the near future. And they revisit the relationship between capitalism and informalization, questioning the usefulness of the concept of informality itself.