Political economy of informalisation
As part of the Lunchtime Seminar Series, the African Centre for Migration & Society invites you to a seminar titled Political economy of informalisation by Zoran Slavnić (Institute for Research on Migration, Ethnicity and Society, Linkoping University). The concept of informal economy in Western economies is traditionally understood as denoting a sort of marginal, ‘separate’ economy, related to the survival strategies of marginal social groups, as distinct from the so-called formal economy that comprises mainly big companies as well as the state, which together with its institutions partly sets the rules and partly is itself an economic actor. Zoran's seminar has an ambition to critically re-examine this actual concept of informal economy, and to highlight the permeability of the borderline between formal economy and informal economy. Informalisation of so-called advanced economies is, according to the argument that Zoran puts forward, closely related to the wider processes of ongoing neoliberal restructuring of Western economies on the one hand and to the parallel process of the recomposition of Western welfare states on the other. Two notions of informalization are proposed: informalization from above andinformalisation from below. Informalisation from above includes corporate strategies of downsizing, outsourcing and subcontracting, as well as the coping strategies of the welfare state, both of which contain dynamic forces ofinformalisation in economies […]
