Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Impact of the Informal Economy on Local Development

Impact of the Informal Economy on Local Development

Etienne, Ndangi Makwala

Paperback

Business General

ISBN10: 620966055X
ISBN13: 9786209660559
Publisher: Our Knowledge Publishing
Published: Feb 27 2026
Pages: 56
Weight: 0.19
Height: 0.13 Width: 6.00 Depth: 9.00
Language: English
This book delves into the heart of the informal economy in Maluku, an emblematic district of Kinshasa in the Democratic Republic of Congo, where thousands of families draw their daily sustenance from a dynamic but precarious sector. He forcefully demonstrates how this parallel economy feeds the majority of the inhabitants, providing an essential safety net in the face of massive unemployment and the weakness of the formal economy, while at the same time posing major obstacles to sustainable local development. Strengths of the informal sector Through a rigorous field study carried out with shopkeepers, craftsmen and local players, the author highlights the undeniable strengths of this vibrant economy: massive creation of flexible jobs adapted to local realities, a remarkable entrepreneurial dynamism that stimulates community exchanges, and resilience in the face of recurring economic crises. These strengths make the informal sector an irreplaceable social pillar, where the ingenuity of local people often compensates for the absence of structured opportunities. Limitations and persistent challenges .

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