This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.

Theoretical Foundations: A General Equilibrium Approach -- The Harris-Todaro Migration Model and Introduction of the Informal Sector -- Informal Sector and Open Unemployment -- Foreign Capital Inflow, Informal Sector and Welfare -- How and How Far to Liberalise a Developing Economy -- Economic...