The Informal Sector in the Jordanian Economy

22 Feb 2013

Report Summary

The discovery of the informal sector began to materialize in the early seventies. The notion, although alien to many, showed logic and started to develop to this day. The debate over the importance of the informal sector/economy continued, some believed that the informal sector is associated with poor
countries and economies and it would disappear once these countries achieved sufficient economic growth.

The evolution of the informal sector theory throughout the past four decades showed that it can no longer be considered as a temporary phenomenon. It is not considered to be a fixed characteristic in countries where incomes and assets are not equitably distributed.

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