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The formalization of the informal sector economy : Panacea or Chimera?

Dissertation (MBA)--University of Pretoria, 2012.

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Other Authors: Antonites, Alex
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Antonites, Alex
author_browse Antonites, Alex
author_facet Antonites, Alex
collection Thesis
dc_rights_str_mv © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2012.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:38:57.201Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/23264 The formalization of the informal sector economy : Panacea or Chimera? Antonites, Alex ichelp@gibs.co.za Bashe, Akhona Carol UCTD Informal sector economy Formalization Dissertation (MBA)--University of Pretoria, 2012. In 2011 author Robert Neuwirth identified the global informal sector economy as having a combined Gross Domestic Product (GDP) that is equivalent to the second largest economy in the world behind the United States of America (USA).Studies have shown that the informal sector economy is prevalent in Africa and India which are both considered to be emerging market economies with potential for exponential growth. The GDP of a country is calculated using a total of a countries production of goods and services; however production in the informal sector economy is unaccounted for. The inclusion of their production could potentially boost the economic growth of these emerging market economies.This study aims to observe whether the informal sector economy should be formalized or left as it is in its current state. Despite the ‘problem statement’ in the previous paragraph, which appears to be in favour of formalization, there are advantages and disadvantages for both formalizing the informal sector economy and leaving it in its current state.The objective of this study is to come up with a sustainable strategy of how to manage and administer the informal sector economy as in its current state it is proving to be unsustainable.A two phased approach was used to produce the findings which included interviews with experts and interviews with entrepreneurs operating in the informal sector economy.These findings provided suitable recommendations to be made as to how to manage and administer the informal sector economy. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T14:49:49Z 2013-04-25 2013-09-06T14:49:49Z 2013-04-25 2012 2013-03-16 Dissertation Bashe, AC 2012, The formalization of the informal sector economy : Panacea or Chimera?, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23264 > F13/4/349/zw http://hdl.handle.net/2263/23264 http://upetd.up.ac.za/thesis/available/etd-03162013-103118/ © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Informal sector economy
Formalization
The formalization of the informal sector economy : Panacea or Chimera?
title The formalization of the informal sector economy : Panacea or Chimera?
title_full The formalization of the informal sector economy : Panacea or Chimera?
title_fullStr The formalization of the informal sector economy : Panacea or Chimera?
title_full_unstemmed The formalization of the informal sector economy : Panacea or Chimera?
title_short The formalization of the informal sector economy : Panacea or Chimera?
title_sort formalization of the informal sector economy panacea or chimera
topic UCTD
Informal sector economy
Formalization
url http://hdl.handle.net/2263/23264
http://upetd.up.ac.za/thesis/available/etd-03162013-103118/