the underground sector and the hidden economy of favours /
Colin C. Williams.
New York :
Palgrave Macmillan,
2004.
xi, 237 pages :
illustrations ;
23 cm
Includes bibliographical references (pages 207-229) and index.
"This book shows that throughout the advanced economies, cash-in-hand work is changing. As societies become more commodified, cash payments are becoming more common whenever people do favours for friends, neighbours and kin. The result is that cash-in-hand economies are now composed of not only an underground sector (work akin to formal employment conducted for profit-motivated purposes), but also a hidden economy of favours more akin to mutual aid. The outcome is a call for a radical rethink of whether seeking its eradication through tougher regulations is always appropriate. Rereading both forms of cash-in-hand work as assets rather than obstacles to development, recommendations are made that harness their positive attributes and eradicate their more negative consequences."--Jacket.
Underground sector and the hidden economy of favours