Petersen, I., Mustapha, N. & Van Rheede, N. (2024) Transitioning the informal to the formal economy: a measure to assess readiness and progress. (HSRC Policy Brief, February). http://hdl.handle.net/20.500.11910/23246 http://hdl.handle.net/20.500.11910/23246
This policy brief proposes an indicator framework for measuring formalisation capability, based on an empirically derived understanding of the complex business evolution pathways of informal businesses. The framework identifies a set of conditions that enable informal businesses to operate sustainably in the formal sector, what…