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Democratic Republic of Congo has known dramatic events for the last three decades. Statistical social economic data did not exist really or not available in the period. The Informal Sector survey, the second phase of the 1-2-3 survey, carried out in 2004-2005 and conducted by the National...
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Measuring the informal sector and informal employment is of critical importance owing to the key role that this sector plays in African economies – a role that is set to expand in the years to come. This article presents an assessment of 1-2-3 surveys on the infor mal sector and infor mal...
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This article examines the dynamics of the informal sector in Madagascar during the 1995-2004 period, which was characterized by sustained growth that ended due to a major political crisis. As conventionally assumed by simple dualistic models, the informal sector indeed fulfils a labor-absorbing...
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Les économies des pays en développement sont à la fois caractérisée par une faiblesse de l’infrastructure financière, notamment du cadre légal, et un développement important de la finance informelle. L’imperfection du cadre légal limite considérablement l'efficacité des...
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Developing countries economies are well-known for both the inadequacy of the institutional framework (this is particularly relevant for the legal system) and the presence of informal nancing. The former characteristic signi cantly reduces the e¢ ciency of con- tractual mechanisms. As a result,...
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This paper takes full advantage of daily quoted prices of microfinance stocks from their issuance, and draws a global … picture of worldwide microfinance equity from the viewpoint of a profit-oriented investor. We construct microfinance country … equity indices and an international global microfinance index. We analyse the changes in these indices, which we assess in …
Persistent link: https://www.econbiz.de/10010707177