Stealth of nations: the global rise of the informal economy

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Thousands of Africans head to China each year to buy cell phones, auto parts, and other products that they will import to their home countries through a clandestine global back channel. Hundreds of Paraguayan merchants smuggle computers, electronics, and clothing across the border to Brazil. Scores of laid-off San Franciscans, working without any licenses, use Twitter to sell home-cooked foods. Dozens of major multinationals sell products through unregistered kiosks and street vendors around the world. When we think of the informal economy, we tend to think of crime: prostitution, gun running, drug trafficking. Stealth of Nations opens up this underground realm, showing how the worldwide informal economy deals mostly in legal products and is, in fact, a ten-trillion-dollar industry, making it the second-largest economy in the world, after that of the United States. Having penetrated this closed world and persuaded its inhabitants to open up to him, Robert Neuwirth makes clear that this informal method of transaction dates back as far as humans have existed and traded, that it provides essential services and crucial employment that fill the gaps in formal systems, and that this unregulated market works smoothly and effectively, with its own codes and unwritten rules. Combining a vivid travelogue with a firm grasp on global economic strategy-along with a healthy dose of irreverence and skepticism toward conventional perceptions-Neuwirth gives us an eye-opening account of a world that is always operating around us, hidden in plain sight.
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ISBN:
9780375424892
9780307906809
9781452604824
9781452624822
037542489
UPC:
9781452604824
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Grouping Information

Grouped Work ID 2a5559cf-fc7d-7bf9-c06d-a802df4a6c87
full_title stealth of nations the global rise of the informal economy
author neuwirth robert
grouping_category book
lastUpdate 2017-10-17 04:43:06AM

Solr Details

accelerated_reader_interest_level
accelerated_reader_point_value 0
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auth_author2 Foley, Kevin.
author Robert Neuwirth
author2-role Foley, Kevin.|Narrator, Tantor Media., hoopla digital.
author_display Neuwirth, Robert
available_at_arlington Central
collection_arlington Adult Nonfiction, Audiovisual
detailed_location_arlington Central Adult Nonfiction, Central Audiovisual, hoopla
display_description

• Thousands of Africans head to China each year to buy cell phones, auto parts, and other products that they will import to their home countries through a clandestine global back channel.

• Hundreds of Paraguayan merchants smuggle computers, electronics, and clothing across the border to Brazil.

• Scores of laid-off San Franciscans, working without any licenses, use Twitter to sell home-cooked foods.

• Dozens of major multinationals sell products through unregistered kiosks and street vendors around the world.


When we think of the informal economy, we tend to think of crime: prostitution, gun running, drug trafficking. Stealth of Nations opens up this underground realm, showing how the worldwide informal economy deals mostly in legal products and is, in fact, a ten-trillion-dollar industry, making it the second-largest economy in the world, after that of the United States.

Having penetrated this closed world and persuaded its inhabitants to open up to him, Robert Neuwirth makes clear that this informal method of transaction dates back as far as humans have existed and traded, that it provides essential services and crucial employment that fill the gaps in formal systems, and that this unregulated market works smoothly and effectively, with its own codes and unwritten rules.

Combining a vivid travelogue with a firm grasp on global economic strategy--along with a healthy dose of irreverence and skepticism toward conventional perceptions--Neuwirth gives us an eye-opening account of a world that is always operating around us, hidden in plain sight.



From the Hardcover edition.
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publishDate 2011
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subject_facet Business & economics. -- Economics. -- General, Business & economics. -- General, Business & economics. -- International. -- Economics, Entrepreneurship, Informal sector (Economics), Law. -- Commercial, Law. -- General, Political science. -- General
title_display Stealth of nations : the global rise of the informal economy
title_full Stealth of Nations The Global Rise of the Informal Economy, Stealth of nations : the global rise of the informal economy / Robert Neuwirth, Stealth of nations [sound recording] : the global rise of the informal economy / Robert Neuwirth
title_short Stealth of nations :
title_sub the global rise of the informal economy
topic_facet Business, Law, Nonfiction, Politics
upc 9781452604824