Informal Household Enterprises and Poverty Nexus in Nigeria
| dc.contributor.author | Osadolor, Nneka Esther | |
| dc.date.accessioned | 2025-05-08T09:31:13Z | |
| dc.date.available | 2025-05-08T09:31:13Z | |
| dc.date.issued | 2025 | |
| dc.description.abstract | The dichotomy between “formality” and “informality” has been a major discourse at the heart of the development literature since the 19th century stemming from the concept of economic dualism credited mainly to Arthur Lewis (1954) and his model of dualism (the two-sector model of development). The model makes a distinction between the “modern” (formal) sector and the “traditional” (informal) sector. It further predicts that as growth occurs in an economy, the modern sector would continue to expand through investments which will cause the traditional sector to shrink as more labour would be absorbed into the formal sector. In other words, the informal sector is expected to disappear with development (Kanbur, 2017). Contrary to this prediction, the informal sector has been on the rise persistently. | |
| dc.identifier.uri | https://publication.aercafricalibrary.org/handle/123456789/3993 | |
| dc.language.iso | en_US | |
| dc.title | Informal Household Enterprises and Poverty Nexus in Nigeria | |
| dc.type | Thesis |