Next Article in Journal
A Spatial Optimization Model for Sustainable Land Use at Regional Level in China: A Case Study for Poyang Lake Region
Previous Article in Journal
Spatiotemporal Changes of Farming-Pastoral Ecotone in Northern China, 1954–2005: A Case Study in Zhenlai County, Jilin Province
Article Menu

Export Article

Open AccessArticle
Sustainability 2015, 7(1), 23-34; doi:10.3390/su7010023

The Informal Economy as a Catalyst for Sustainability

Department of Geography, Florida State University, 600 W. College Ave, Tallahassee, FL 32306, USA
Academic Editor: Marc A. Rosen
Received: 13 September 2014 / Accepted: 17 December 2014 / Published: 23 December 2014
View Full-Text   |   Download PDF [671 KB, uploaded 24 February 2015]

Abstract

Sustainability typically involves the balancing of three major factors: the economy, the environment, and some notion of equity. Though the economy is already a key aspect, the recognition of the informal economy, seems to be absent from the many possible permutations of these three. This paper will explore the various aspects of the informal economy and how it can make a considerable impact on achieving a more sustainable future. Specifically, this paper focuses on how the informal economy can encourage the sustainable use of goods, while offering an alternative to the regulated market economy. By supporting the informal sectors such as farmers markets, street vendors and non-market activities, a shift away from a car-dominated society and singular economic trajectory can begin. The informal sector can provide, social capital, promote local economies, create jobs and provide the need economic shift toward a sustainable future. View Full-Text
Keywords: informal economy; economy; sustainability; development; alternate economy; eco-localism informal economy; economy; sustainability; development; alternate economy; eco-localism
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Ruzek, W. The Informal Economy as a Catalyst for Sustainability. Sustainability 2015, 7, 23-34.

Show more citation formats Show less citations formats

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top