This book provides a detailed description and analysis of: the characteristics and functioning of informal sector firms; the causes of the pervasiveness of these firms; the relations between formal and informal firms; the consequences of informality for economic development; and appropriate policy responses.
Outline: Characteristics of informal businesses in West Africa -- Institutional, regulatory and socio-culturalenvironment -- Costs and benefits of informality: productivity, living standards, and tax revenue -- Main onclusions and recommendations -- Chapter 1. The informal sector in West Africa: definition -- Chapter 2. Data sources and methods -- Chapter 3. The informal sector in west Africa: overview of economic significance and welfare effects -- Chapter 4. Large informal firms in West Africa -- Chapter 5. Characteristics of the informal sector: findings from our surveys -- Chapter 6. The institutional environment of the informal sector in West Africa -- Chapter 7. Informality and productivity -- Chapter 8. Informal trading networks in West Africa: the Mourides of Senegal/Gambia and the Yoruba of Benin/Nigeria -- Chapter 9. Government policies, smuggling and the informal sector.
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