The Informal Economy

Karen Craggs writes that "...the size and resiliency of the informal or parallel economy in a given country may be related to a critical lack of both accountability and credibility of the state,there are also socio-political, economic and cultural processes at play in African societies that pre-date colonialism, global capitalism and international development. These processes may very well mean that informal economies in some societies are both natural and indispensable. As such, attempts to destroy or co-opt the informal economy and its associated political and socio-cultural phenomena would be counter-productive..."
Via AfricaFiles