Part one of term paper
In this essay I will endeavour to provide reasons for the phenomenal growth of the informal economy. Firstly, I will provide a brief definition of informal and formal economies. I will also discuss the inequalities and instability of the formal economy environment. Focusing on the manoeuvres which manufacturers and individuals use within ...

Part two of term paper
... inequalities within the formal economy, compared to the attractive informal alternatives available to individuals and corporations ensure the growth of the informal market. Finally, I will give an overview of New Zealand’s history, politics and economy from which I will submit possible New Zealand reasons for the growth of informal economies. Alternative income, created from the informal system such as the fleamarkets around New Zealand. Also I will discuss the cultural significance info ...