Skip to content

Stealth of Nations The Global Rise of the Informal Economy

Spend $50 to get a free DVD!

ISBN-10: 0307279987

ISBN-13: 9780307279989

Edition: 2012

Authors: Robert Neuwirth

List price: $23.00
Blue ribbon 30 day, 100% satisfaction guarantee!
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!

Description:

• Thousands of Africans head to China each year to buy cell phones, auto parts, and other products that they will import to their home countries through a clandestine global back channel. • Hundreds of Paraguayan merchants smuggle computers, electronics, and clothing across the border to Brazil. • Scores of laid-off San Franciscans, working without any licenses, use Twitter to sell home-cooked foods. • Dozens of major multinationals sell products through unregistered kiosks and street vendors around the world. When we think of the informal economy, we tend to think of crime: prostitution, gun running, drug trafficking.Stealth of Nationsopens up this underground realm, showing how the worldwide informal economy deals mostly in legal products and is, in fact, a ten-trillion-dollar industry, making it the second-largest economy in the world, after that of the United States. Having penetrated this closed world and persuaded its inhabitants to open up to him, Robert Neuwirth makes clear that this informal method of transaction dates back as far as humans have existed and traded, that it provides essential services and crucial employment that fill the gaps in formal systems, and that this unregulated market works smoothly and effectively, with its own codes and unwritten rules. Combining a vivid travelogue with a firm grasp on global economic strategy—along with a healthy dose of irreverence and skepticism toward conventional perceptions—Neuwirth gives us an eye-opening account of a world that is always operating around us, hidden in plain sight.From the Hardcover edition.
Customers also bought

Book details

List price: $23.00
Copyright year: 2012
Publisher: Knopf Doubleday Publishing Group
Publication date: 10/2/2012
Binding: Paperback
Pages: 304
Size: 6.50" wide x 4.50" long x 0.75" tall
Weight: 0.726
Language: English