The idea of a ‘second economy’ has become a feature of recent government economic policy. In this paper we focus on one important element of the second economy – the informal economy. We analyse the nature of the informal economy in South Africa, providing some descriptive statistics and...

The idea of a second economy has become a feature of recent government economic policy. In this paper we focus on one important element of the second economy - the informal economy. We analyse the nature of the informal economy in South Africa, providing some descriptive statistics and analysis...