Formalization

This is a page on formalization.

Seed content

Zimbabwe

Zimbabwe has the world’s second largest informal economy with over 60% of the population relying on informal activities for their source of income.  The Zimbabwe Country Office believes the informal economy is a strategic bet as it has the potential to drive the country’s economic recovery. Informality is often misunderstood and criminalized, with big questions remaining unanswered -  What pushes people to go informal? What does informality and formality mean to various businesses? How can informal businesses tap into formal structures and grow to create more jobs? Can the informal economy and government policies coexist?

Source: AccLab Blog

This excerpt is also potentially relevant to: Informal Economies, Hybrid Models, Informal Activities, Informal Businesses, Perceptions and Motivations