Incorporating Understanding of Informal Economic Activity in Natural Resource and Economic Development Policy

Download or read book Incorporating Understanding of Informal Economic Activity in Natural Resource and Economic Development Policy written by Rebecca J. McLain and published by DIANE Publishing. This book was released on 2009-05 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report synthesizes the literature on the role of informal economic activity (IEA) in the U.S. postindustrial economy. IEA is expanding in the U.S. and is likely to continue in the foreseeable future. The formal and informal economic sectors are inextricably intertwined, with individuals and households combining elements of both sectors to construct their livelihoods. The non-timber forest products sector serves as a case study of why it is important to consider IEA when developing natural resource and economic development policy. The report recommends steps policymakers can take to identify and encourage positive aspects of the IEA.