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Erschienen in:
Introduction: Informal Economies as Varieties of Governance Kapitel lesen Erstes Kapitel lesen

2017 | OriginalPaper | Buchkapitel

Formalisation of Entrepreneurship in the Informal Economy in Sub-Saharan Africa and the Role of Formal Institutions: An Analysis of Ghana’s Experience

verfasst von : Kwame Adom

Erschienen in: The Informal Economy in Global Perspective

Verlag: Springer International Publishing

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Abstract

Informal entrepreneurship has been for a long time a major lifeline for many living in rural and urban economies in developing countries especially in sub-Saharan Africa and more particularly Ghana. Formalising the informal economy has become prominent within development circles but there has been no clear policy direction from the formal institutions in terms of their role in formalising informal entrepreneurship. This chapter seeks to evaluate critically the role of formal institutions in formalising entrepreneurship in the informal economy in Ghana. Formal institutions are seen as strategic leaders in this endeavour but they are also perceived as enemies of formalisation since they profit from the current bureaucratic impediments as informal entrepreneurs try to formalise their operations.

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Vorheriges Kapitel Social Mechanisms of the Counterpublic Sphere: A Case of a Coffee Farmers’ Cooperative in LAO PDR
Nächstes Kapitel Evidence on Corruption in Public Procurements in Healthcare and the Implications for Policy
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Metadaten
Titel
Formalisation of Entrepreneurship in the Informal Economy in Sub-Saharan Africa and the Role of Formal Institutions: An Analysis of Ghana’s Experience
verfasst von
Kwame Adom
Copyright-Jahr
2017
Buch
The Informal Economy in Global Perspective

Print ISBN: 978-3-319-40930-6

Electronic ISBN: 978-3-319-40931-3

Copyright-Jahr: 2017

DOI
https://doi.org/10.1007/978-3-319-40931-3_15