Did you know that the informal economy continues to grow and accounts for more than 50% of GDP in Asian developing countries? While doing so, most of informal employees in this sector are vulnerable to various forms of exploitation as they often work without written contracts. This month, we unravel the challenges brought by informal sector with Sarah Reed.
Roughly 54 per cent of the world’s population now lives in cities, with Asia and Africa urbanizing faster than other regions. Urbanization is generally seen as a route to rising prosperity and better living standards. But critical researchers like David Sattherthwaite and Diana Mitlin argue that standard ways of measuring poverty underplays its significant scale.