When labor market economists started to work on segmented labor markets, they classified informal employment as a transitory state. At the end of the 20th century, informal employment still persists governments' attempts to eradicate it and represents a growing labor market segment not only in...

Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to...