Book chapter 2013

Informal economy and women entrepreneurs: A case study of Senegal in Africa

Entrepreneurship in the Informal Economy: Models, Approaches and Prospects for Economic Development
Journal · pp. 225-240
Abstract

Over the past two decades, there has been a revival of interest in the informal economy because of its impact on the reality and daily lives of African people. This interest is based on the fact that the local populations perceive the informal economy as an alternative economic development model, which, in turn, raises many questions from both local and international public authorities about how to implement a tailored development strategy to allow for a surge in the economy of African countries. The informal economy is characterized by a multiplicity of micro, small and medium family businesses, individual and/or collective, which base their rationale on the solutions they provide in meeting the needs of local and proximate customers. If informal activities are conducted outside the strict observance of the laws in force or due to a legal vacuum or inadequacy of local regulations, then they highlight the complexity of conditions that predetermine the emergence of the informal economy on the one hand, and supplant some of the sovereign prerogatives of the State regarding resource allocation policies designed for employment, vocational training, apprenticeship, SME financing and the implementation of minimum income for all on the other. © 2013 Taylor & Francis.

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Author Affiliations
Université du Québec à Montréal, Montreal, QC, Canada
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References 10 References
1 Women Entrepreneurship Development and the Informal Economy in Dakars Suburban Areas, (2006)
2 Informal Economy, (2004)
3 Etudes Et Travaux De Lused, (1987)
4 Estimations and Survey Methods for the Informal Sector, (2002)
5 Supporting Workers in the Informal Economy A Policy Framework, (2002)
6 Wolof Family Tradition and Change, (1985)
7 Statistical Update on Employment in the Informal Economy, (2011)
8 Annals of the University of Abidjan, (1972)
9 Report on the Promotion Strategy, (2005)
10 Poverty in Senegal from the Devaluation in 1994 and 20012002, (2003)
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