- Impacts of Total Factor Productivity on Agricultural Growth in Pacific Island Countries
- Genetic Loss in Food Crops in the Pacific: Socio-Economics Causes and Policy Issues
- An insight into public sector readiness for change – the Fiji Experience
- Regulations, Costs and Informality: The Case of Fiji
- The effectiveness of the destination websites in promoting linkages between visitors and the community in Tonga
- Hayden White and the Burden of History
- A comparative study of stress amongst teachers of the western division in Fiji
- Australia – A Hegemonic Power in the Pacific Region
- The Magnus Effect and the Flettner Rotor: Potential Application for Future Oceanic Shipping
- Irrigated ethnoagriculture, adaptation and development: a Pacific case study
- Impacts of Total Factor Productivity on Agricultural Growth in Pacific Island Countries
- Genetic Loss in Food Crops in the Pacific: Socio-Economics Causes and Policy Issues
- An insight into public sector readiness for change – the Fiji Experience
- Regulations, Costs and Informality: The Case of Fiji
- The effectiveness of the destination websites in promoting linkages between visitors and the community in Tonga
- Hayden White and the Burden of History
- A comparative study of stress amongst teachers of the western division in Fiji
- Australia – A Hegemonic Power in the Pacific Region
- The Magnus Effect and the Flettner Rotor: Potential Application for Future Oceanic Shipping
- Irrigated ethnoagriculture, adaptation and development: a Pacific case study
Regulations, Costs and Informality: The Case of Fiji
Authors: Dibyendu Maiti, Devendra Narain and Sunil Kumar
Abstract
Informal sector is considered to be a ‘cushion’ for the majority of workers in the developing world, where the formal sector jobs are limited and social securities for the unemployed do not exist. While the size of the sector is quite large in the developing world, it appears to be relatively low in Fiji even when the economic growth of the country has been abysmally low during the last three decades. This is because the entry requirement to the informal sector has been quite stringent and time consuming, and may have led individuals to either remain unemployed or concentrate on subsistence production. Relative flexibility for entry and running businesses in the informal sector would not only improve the economic condition of the workers, but also overall economic growth. Separate and flexible legislations are, therefore, needed for the informal sector to grow and contribute to the economy.
Keywords: Informal sector, starting business, governance, regulation