THE informal economy touches every sector, from agriculture and construction to education and professional services, to a varying degree. A dominant trait is its reliance on unreported cash-only transactions.
Around the world, the informal economy has negative impacts on governments, businesses, and individuals. It limits governments’ abilities to provide services, damages business competition, fosters unfair labour practices, and leaves workers vulnerable in an unregulated environment with a limited safety net.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!