Uncovering how cash-in-hand economies are composed of not only the underground sector (work akin to formal employment conducted for profit-motivated purposes), but also a hidden economy of favours more akin to mutual aid, this book displays the need to transcend conventional market-oriented readings of cash-in-hand work and radically rethink whether seeking its eradication through tougher regulations is always appropriate. It argues for a variegated policy approach that recognizes these two distinct forms of cash-in-hand work and which tailors policy accordingly.
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COLIN C. WILLIAMS is Professor of Work Organization at the University of Leicester Management Centre. His recent books include Community Self-Help; Alternative Economic Spaces; Poverty and the Third Way and Informal Employment in the Advanced Economies.
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