The informal economy has emerged as one of the most dynamic, active, and hotly-debated domains in the entire developing world. Unfortunately, it remains one of the least treated subjects in mainstream economic theory and development economics. This book brings together the authors' accumulated...

Developing counties all around the globe have been trying to adopt market-driven institutional systems. As the pace of economic reforms gains momentum, it becomes increasingly evident that these reforms have resulted in new challenges and issues. For example, the economic growth which picked up...