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as an aside, how do you think governmental leadership relates to the informal nature of many of africa's economies? i ask because one of the issues that india'
by cryoshon 8y ago
as an aside, how do you think governmental leadership relates to the informal nature of many of africa's economies?
i ask because one of the issues that india's legislators have is to create policies which can intelligently regulate a largely off-the-books economy. the results end up looking stupid and not being effective a lot of the time.
- michaelscott 8y agoI don't know much about Indian government, but the problem with African governments is they tend to operate on a selfish basis, i.e. their legislation is designed around improving public employees (including top leadership) to the detriment of the population. When the government's legislation is sometimes actively against your welfare as a citizen, I imagine you're much more likely to have off-the-books and informal business. Again, the lack of infrastructure in many places requires citizens to work around these problems and the larger sense of community in most African cultures also makes an informal economy more likely. These are just anecdotal opinions, though, so take it with a large pinch of salt.
- cryoshon 8y agovery interesting, thank you for taking the time to respond to me.