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Power and Confines of the Informal Economy on Local Economic Growth: The Informal Economy and Local Economic Development in the Municipal Context in South Africa - Softcover

Mahlangu, Peter B.; Edoun, Emmanuel I.; Van Heerden, C.H.

 
9786206160854: Power and Confines of the Informal Economy on Local Economic Growth: The Informal Economy and Local Economic Development in the Municipal Context in South Africa
Softcover
ISBN 10: 6206160858 ISBN 13: 9786206160854
Verlag: LAP LAMBERT Academic Publishing, 2023

Inhaltsangabe

For many years, South Africa has been facing considerable challenges related to the high unemployment rate, poverty, and inequality. As an alternative to alleviate the amount of joblessness, people have shifted to the creation of their informal employment through infiltration in the informal economy to generate income and livelihoods. This study seeks to examine the significance of the informal economy regarding its contributions and constraints to the local economic development with a focus on the Thembisile Hani Local Municipality in South Africa. Research results revealed that the informal economic sector is significant in contributing to employment creation, poverty reduction, income generation, vibrant local economic development, capacity building, and mentorship. Although the informal economic sector suffers from the lack of infrastructure, capital, relevant skills, security concerns, and excessive regulations. The study also established that the entire Government is accountable for maintaining informal economy businesses through appropriate management, good governance, and suitable backing programmes.

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Über die Autorin bzw. den Autor

Dr. Peter B. Mahlangu. Self-inspired, energetic, and experienced individual with a demonstrated track record of working in local economic development for over 18 years. In possession of a DBA; MBA; M-Com in Leadership Studies, Management; PGDip in Business Administration and BA (Hons) in Business Management.

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Verlag
LAP LAMBERT Academic Publishing
Erscheinungsdatum
2023
Sprache
Englisch
ISBN 10 
6206160858
ISBN 13 
9786206160854
Einband
Taschenbuch
Anzahl der Seiten
272
Kontakt zum Hersteller
Nicht verfügbar
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