Many people view the informal sector as corrupt, illegal, and detrimental to the country’s economic well-being. The reality, of course, is more complex. In fact, some argue that the informal sector is the backbone of Pakistan’s economy.
In this episode, Uzair Younus talks to Dr. Ali Kemal about Pakistan’s informal sector and its implications on the country’s economy. Dr. Kemal is an Economic Policy Advisor at the SDG Support Unit, Ministry of Planning Development and Reform. He has co-authored a detailed analysis of Pakistan’s informal economy in a paper titled “Exploring the Determinants of Underground Economy of Pakistan” which was published by the Pakistan Institute of Development Economics.
You can read his paper using this link – www.pide.org.pk/…/Working%20Pa…/W…kingPaper-163.pdf