Out of the Shadows?: The Informal Sector in Post-Reform India

Hardcover | April 10, 2016

byRajesh S.N. Raj

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An important feature of the recent process of structural transformation in developing countries has been that the informal sector has remained an important element of manufacturing activity. In spite of rapid rates of economic growth since the 1991 reforms, the informal sector has been apersistent phenomenon in India, leading to significant policy concerns on the lack of inclusivity of economic growth. This book assesses how informal manufacturing firms have responded to the context of economic liberalization in India. It takes a novel approach to the study of informality, byviewing it through a "production" lens and making enterprise performance the centre-piece of the analysis of informality. The book studies the determinants of enterprise growth and performance along the entire "continuum" of the informal sector, from micro household enterprises to larger enterprises in the informal sector employing wage labour. The strength of the book is the systematic examination of the variousaspects of informality in the Indian manufacturing sector using rich firm-level data from large nationally representative surveys spanning two decades of reforms. The book argues that concerted government action is needed to allow the informal sector to participate more fully in India's economicgrowth.

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An important feature of the recent process of structural transformation in developing countries has been that the informal sector has remained an important element of manufacturing activity. In spite of rapid rates of economic growth since the 1991 reforms, the informal sector has been apersistent phenomenon in India, leading to signif...

Rajesh Raj S.N is an Assistant Professor in the Department of Economics at Sikkim University, India. Kunal Sen is a Professor of Development Economics and Policy, University of Manchester, United Kingdom.
Format:HardcoverDimensions:288 pagesPublished:April 10, 2016Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199460841

ISBN - 13:9780199460847

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Table of Contents

TitleList of Tables and FiguresPreface1. Taking a 'Production Lens' to Informality in India2. Theoretical Perspectives on the Informal Economy3. Policy Context4. Change and Continuity in the Indian Informal Manufacturing Sector5. Firms in the Indian Informal Manufacturing Sector: Their Characteristics and Evolution over Time6. The Performance of Informal Manufacturing Firms7. The Determinants of Firm Transition8. Globalization and Its Effects9. Out of the Shadows?Appendix IAppendix IIList of AbbreviationsBibliographyIndexAbout the Authors