Contrapunto : the informal sector debate in Latin America /

The informal sector, however defined, is large and growing in most, if not all, nations. Yet the policy debate concerning the informal sector has been conducted almost entirely in reference to Latin American nations. As this book demonstrates, the informal sector debate is often conducted in an atmosphere of embarrassment. If the existence of the informal sector is admitted, does this recognition automatically suggest a failure of both the public and private sectors? From a policy perspective, should the informal sector be left alone, encouraged, or eliminated? These and other intriguing questions are addressed in informative and occasionally passionate contributions from a diverse group of experts. Rakowski concludes the book with one of her own contributions--a chapter on policy, in which she notes some surprising agreement on facts and recommended policy options. Overall, this volume is an excellent introduction to the informal sector and related policy issues. The lengthy bibliography would be a good starting point for further research on the topic. Highly recommended. All levels. J. T. Peach; New Mexico State University