The report explores the informal economy's role in urban development and its potential as a business partner in future cities.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: |
world 50 perspectives |
| Authors: | Robert Neuwirth |
| Geographic focus: | Sub-saharan Africa, South Africa, Nigeria, Kenya, Caracas (venezuela), Lagos (nigeria), Mumbai, São Paulo, Kigali, Dubai, Shanghai, Singapore, Global |
The research method involved a combination of economic analysis, case studies, and interviews with individuals and business representatives operating within the informal economy.
(Generated with the help of GPT-4)
The report discusses the growth of sub-Saharan African economies and the paradox of jobless growth, highlighting the informal sector's role in employment and urban development. It emphasizes the importance of understanding and engaging with informal economies, such as squatters and street vendors, to do business in developing cities. The report illustrates how multinational companies successfully operate within these informal markets and suggests that governments should focus on development strategies that include, rather than exclude, informal communities.
(Generated with the help of GPT-4)
Categories: Caracas (venezuela) geographic scope | Dubai geographic scope | English publication language | Global geographic scope | Kenya geographic scope | Kigali geographic scope | Lagos (nigeria) geographic scope | Mumbai geographic scope | Nigeria geographic scope | Shanghai geographic scope | Singapore geographic scope | South Africa geographic scope | Sub-saharan Africa geographic scope | São Paulo geographic scope | economic growth | government policies | hawkers | informal cities | informal sector | jobless growth | mobile technology | multinational companies | slums | smugglers | squatter communities | squatters | street markets | urban development | urban planning | urbanism