Transitioning the informal to the formal economy: a measure to assess readiness and progress

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Petersen, I., Mustapha, N. & Van Rheede, N. (2024) Transitioning the informal to the formal economy: a measure to assess readiness and progress. (HSRC Policy Brief, February). http://hdl.handle.net/20.500.11910/23246 http://hdl.handle.net/20.500.11910/23246 http://hdl.handle.net/20.500.11910/23246

http://hdl.handle.net/20.500.11910/23246
 
Abstract:
This policy brief proposes an indicator framework for measuring formalisation capability, based on an empirically derived understanding of the complex business evolution pathways of informal businesses. The framework identifies a set of conditions that enable informal businesses to operate sustainably in the formal sector, what we call 'sustainable formalisation'.
Reference:
HSRC Policy Brief, February
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28 Mar 2024
 
INFORMAL ECONOMY
FORMAL ECONOMY
ECONOMIC GROWTH
BUSINESS INNOVATION
 
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