The main currents (schools) of thought about the informal economy

Starting from the various interpretations of the concept of "informality", which can be associated with both negative aspects (underground economy, tax evasion, undeclared work, lack of productivity, lack of social protection, unfair competition) and positive aspects (a source for the poor...

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Bibliographic Details
Published inRevista de Management Comparat International Vol. 20; no. 3; pp. 312 - 316
Main Authors Marinescu, Cristian, Vălimăreanu Mircioi, Ileana
Format Journal Article
LanguageEnglish
Published Bucharest EDITURA ASE 01.07.2019
ASE Publishing House
Revista de Management Comparat International
Subjects
Bureaucracy
Capitalism
Competition
Costs
Economic growth
Economic policy
Economy
Education
Employment
Financial Markets
Informal economy
Labor market
Multinational corporations
Regulation
Sanctions
Schools
State budgets
Structuralism
Tax evasion
Transition economies
Latin America
fiscal system
the informal economy
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Summary:Starting from the various interpretations of the concept of "informality", which can be associated with both negative aspects (underground economy, tax evasion, undeclared work, lack of productivity, lack of social protection, unfair competition) and positive aspects (a source for the poor, who have no alternative), this paper aims to review the main conceptual debates over the term "informality", opinions that can be synthesized in four currents or schools of thought, respectively: The dualist school, Structuralist School, Legalistic School and Voluntaristic School.
ISSN:1582-3458
2601-0968
DOI:10.24818/RMCI.2019.3.312