The Informal Economy’s Informal Edge: Why Formalisation Could Stifle Entrepreneurial Spirit

While street food stalls, artisanal workshops, and other informal marketplaces have long been the lifeblood of many communities, authorities increasingly pressure vendors to conform to rigid regulations. As this vibrant tapestry of entrepreneurial activity faces increased scrutiny, a critical question arises: Should these informal economies be forced into the mainstream? The primary driver of this … Continue reading The Informal Economy’s Informal Edge: Why Formalisation Could Stifle Entrepreneurial Spirit