The Informal Business Sector in BRICS+ Countries : Sustainable Economic Development in the Global South (Routledge Research in Sustainability and Business)

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The Informal Business Sector in BRICS+ Countries : Sustainable Economic Development in the Global South (Routledge Research in Sustainability and Business)

Mahosi, Brian (EDT)/ Netswera, Fulufhelo (EDT)/ Sibiya, Ayanda (EDT)

ウェブストア価格 ¥40,662（本体¥36,966）
Routledge（2026/02発売）
外貨定価 US$ 190.00
ポイント 369pt

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製本 Hardcover:ハードカバー版／ページ数 256 p.
言語 ENG
商品コード 9781032949970

Full Description

This book presents a critical analysis of the informal business sector and explores how it can be effectively leveraged to contribute to inclusive and sustainable economic development within BRICS+ nations and the Global South.

Drawing on insights from dualistic economic theory, the dynamics of informal markets, and institutional roles in economic growth, the authors emphasize the need for nuanced and evidence-based policy approaches. Through the application of key theoretical frameworks—including the Lewis Model, segmented labour market theory, and new institutional economics—the book evaluates the sector's role in shaping economic development indicators across BRICS+ nations and the Global South. In particular, the volume provides policy frameworks to support the formalization and empowerment of informal enterprises, contributing to inclusive growth and resilient economic systems. It also analyses and offers solutions on how the informal sector can best be engaged and explains that in order to create policies that effectively harness the informal business sector's potential for economic development, a deeper understanding of it is imperative. Over the course of the book, ideas from the fields of dualistic economies, the dynamics of the informal sector, and the function of institutions in economic growth are incorporated.

Targeted at scholars, policymakers, and practitioners in the fields of entrepreneurship, development economics, and informal enterprise, the book offers both academic insights and practical policy recommendations. It serves as a valuable resource for understanding the structural, cultural, and institutional forces influencing the informal sector in emerging economies.

List of figures

List of Tables

List of Contributors

Preface

Brian Ngwako Mokgatetswa Mahosi, Fulufhelo Netswera, Ayanda Sibiya, Elton Fernandes, Sergei Smirnov, Shen Yi

Introduction

Brian Ngwako Mokgatetswa Mahosi, Fulufhelo Netswera, Ayanda Sibiya, Elton Fernandes, Sergei Smirnov, Shen Yi

Summary of the Chapters

Part I - Conceptual, Theoretical and Policy Foundations

The Role and Impact of Informal Traders in the Economic Development of Brazil, Russia, India, China, and South Africa

Mpanza Mpanza and Mahosi Brian Ngwako Mokgatetswa

2. Contested meanings of informality: Rethinking Industrial Policy and empowerment strategies for the informal sector in South Africa

Lufefe Benbella Sopazi

3. A review of the current spatial planning policies in rural South Africa and the BRICS global south for ensuring sustainable economic development: the case of the informal sector at Hopewell Settlement under Richmond Municipality, KZN

Tobela Twala

4. The informal sector of the Brazilian economy: Characterization and causality analysis

Clemente Leonel, Clemente Artur Kendi, Clemente Ademir, Claudio Marcelo

Part II - Country and Regional Perspectives on Informality

5. Does informality slow down the attainment of sustainable development? New empirical evidence from Sub-Saharan African countries

Emmanuel Umoru Haruna

6. Success and failure of SMEs in China and South Africa: A systematic review

Rankhumise Edward Malatse and Tladi Portia Mahwibi

7. Informality in Brazil: Challenges and opportunities emerging from a heterogenous space

Dias Rafael

8. Informal business in Russia: present, challenges, and potential

Smirnov Sergei

9. Is the Virtual Gig Economy a Pathway to Formalization or a Reinforcement of Informality? Exploring the Informal Sector in India

Suri Ankit and Sharma Yogesh

10. Resilience of Disabled Entrepreneurs in Ghana's Informal Sector

Boafo Christopher, Irene Okanta, Utz Dornberger

Part III - Technology, Innovation and Informal Economy Transformation

11. Navigating Regulatory Challenges within Paratransit Operations in Africa: Balancing Safety and Socio-economic Equity

Fobosi Siyabulela, Malandela Gcina and Toshe-Mlambo Yonela

12. Frugal innovation as a tool for competitive advantage in the informal business sector: A dynamic capabilities perspective

Sibiya Ayanda and Langa Phumuza

13. The Fourth Industrial Revolution: Innovation Systems in South Africa's Informal Business Sector Digital Landscape

Qaba Pikolomzi