The Social Impact of Informal Economies in Eastern Europe

The Social Impact of Informal Economies in Eastern Europe
Author: Manuela Stanculescu
Publisher: Routledge
Total Pages: 319
Release: 2018-05-08
Genre: Business & Economics
ISBN: 1351763989

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This title was first published in 2002. In State socialist societies, informal economies were essential for the functioning of the economy as well as for household provision. Since the beginning of social transformation they have been flourishing better than ever before. They are a main outlet on the market for the newly emerging middle classes, stabilize the situation of many workers and pensioners, and in countries on the downward slope they are essential for the survival of large impoverished groups. Presenting recent research on the social importance of informal economies, especially in Bulgaria, Hungary, Romania and Russia, the editors give a short introduction for each country, and a common compilation of basic economic and social data follows in the appendix. Household strategies in the ’shadow’, groups of informal winners and losers, informal employment in town and countryside, outcomes from informal activities, the macro-economic importance of informal economies, and researching methods are all investigated.

The Long Shadow of Informality

The Long Shadow of Informality
Author: Franziska Ohnsorge
Publisher: World Bank Publications
Total Pages: 397
Release: 2022-02-09
Genre: Business & Economics
ISBN: 1464817545

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A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Informal Economies in Post-Socialist Spaces

Informal Economies in Post-Socialist Spaces
Author: J. Morris
Publisher: Springer
Total Pages: 388
Release: 2015-06-23
Genre: Social Science
ISBN: 1137483075

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Informed by in-depth case studies focusing on a wide spectrum of micro and macro post-socialist realities, this book demonstrates the multi-faceted nature of informality and suggests that it is a widely diffused phenomenon, used at all levels of a society and by both winners and losers of post-socialist transition.

The Informal Post-Socialist Economy

The Informal Post-Socialist Economy
Author: Jeremy Morris
Publisher: Routledge
Total Pages: 213
Release: 2013-12-13
Genre: Social Science
ISBN: 1135009287

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From smugglers to entrepreneurs, blue-collar workers and taxi drivers, this book deals with the multitude of characters engaged in informal economic practices in the former socialist regions. Going beyond a conception of informality as opposed to the formal sector, its authors demonstrate the fluid nature of informal transactions straddling the crossroads between illegal, illicit, socially acceptable and symbolically meaningful practices. Their argument is informed by a wide range of case studies, from Central Europe to the Baltics and Central Asia, each of which is constructed around a single informant. Each chapter narrates the story of a composite person or household that was carefully selected or constructed by an author with long-standing ethnographic research experience in the given field site. Wide in geographical, empirical and theoretical scope, the book uses ethnographic narrative accounts of everyday life to make links between ‘ordinary’ meanings of informality. Challenging reductively economistic perspectives on cross-border trading, undeclared work and other informal activities, the authors illustrate the wide variety of interpretive meanings that people ascribe to such practices. Alongside ‘getting by’ and ‘getting ahead’ in recently marketised societies, these meanings relate to sociality, kinship-ties and solidarity, along with more surprising ‘political’ and moral reasonings.

Informal Economies and Social Transformation in Romania

Informal Economies and Social Transformation in Romania
Author: Rainer Neef
Publisher: LIT Verlag Münster
Total Pages: 248
Release: 2004
Genre: Business & Economics
ISBN: 9783825882969

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Informal economies, growing throughout the 1990s, make a central determinant of social transformation in Eastern Europe. In this book, the various patterns of informal economies and the causes of its growth in Romania are explored from quantitative and qualitative research: the difficult social transformation; informal consumption and labour of households, their incomes, developments and strategies; the impact of informalisation in different branches, related to the Romanian economy as a whole; in the end, comparisons with Eastern European countries are included, and methodological procedure is explained.

The Global Informal Workforce

The Global Informal Workforce
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 414
Release: 2021-07-23
Genre: Business & Economics
ISBN: 1513575910

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The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.

Varieties of Capitalism

Varieties of Capitalism
Author: Peter A. Hall
Publisher: Oxford University Press
Total Pages: 557
Release: 2001
Genre: Business & Economics
ISBN: 0199247749

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Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Roma and the Transition in Central and Eastern Europe

Roma and the Transition in Central and Eastern Europe
Author: Dena Ringold
Publisher: World Bank Publications
Total Pages: 68
Release: 2000-01-01
Genre: Social Science
ISBN: 9780821348017

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This report brings together the available evidence from primary and secondary sources, including household surveys and results of recent qualitative studies, to develop a picture of the development challenges facing Roma populations in Central and Eastern Europe. While living standards have declined for all population groups during the transition to a market economy, there are growing indications that conditions have deteriorated more severely for Roma than for others, and that Roma are poorly positioned to take advantage of emerging economic opportunities. This report focuses on five countries in Central and Eastern Europe: Hungary, Bulgaria, Romania the Czech Republic, and the Slovak Republic. The first chapter of the report provides the historical context and an overview of the methodological issues and main data sources; chapter two presents the available evidence on welfare status and living conditions, examining poverty, housing education, employment and health; chapter three considers issues relating to access to social services; and the final chapter reviews the opportunities for Roma participation in the design and implementation of community development policies and programmes, and outlines policy implications.

Explaining the Shadow Economy in Europe: Size, Causes and Policy Options

Explaining the Shadow Economy in Europe: Size, Causes and Policy Options
Author: Mr.Ben Kelmanson
Publisher: International Monetary Fund
Total Pages: 29
Release: 2019-12-13
Genre: Business & Economics
ISBN: 1513520695

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This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years but remains significant, especially in Eastern Europe. In the emerging European economies, the key determinants of shadow economy size are regulatory quality, government effectiveness, and human capital. The paper argues that a comprehensive package of reforms, focused on country-specific drivers, is needed to successfully combat the shadow economy. The menu of policies most relevant for Europe’s emerging economies include: reducing regulatory and administrative burdens, promoting transparency and improving government effectiveness, as well as improving tax compliance, automating procedures, and promoting electronic payments.