2003Journal of Economic SociologyOpen access

The Informal Economy and Its Paradoxes

Alejandro Portes

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Abstract

The range of types of the informal economic activity is rather wide and continuously growing. It is a unique example of the invasion of the social forces into the world of the economic transactions. The paper gives the history of the term of “informal economy” and its definitions. The main attention is paid to those aspects of informal economy which let include it into the sphere of the sociological analysis.

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The range of types of the informal economic activity is rather wide and continuously growing. It is a unique example of the invasion of the social forces into the world of the economic transactions. The paper gives the history of the term of “informal economy” and its definitions. The main attention is paid to those aspects of informal economy which let include it into the sphere of the sociological analysis.

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Available abstract

The range of types of the informal economic activity is rather wide and continuously growing. It is a unique example of the invasion of the social forces into the world of the economic transactions. The paper gives the history of the term of “informal economy” and its definitions. The main attention is paid to those aspects of informal economy which let include it into the sphere of the sociological analysis.

Key concepts: Economic system, Economics

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