IDNLearn.com offers a unique blend of expert answers and community-driven knowledge. Join our knowledgeable community to find the answers you need for any topic or issue.
Answer:
Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor[3][4] and has been expanding rapidly since the 1960s.[5] Integrating the informal economy into the formal sector is an important policy challenge.[3]