The Interdependence Between Local Culture and the Informal Sector of the Economy

In recent times the informal sector of the economy has been receiving attention. This is the case in some European countries (mostly Italy) and more especially in the so called third world countries in different employment programs, especially those of the United Nations effort is geared towards the mobilization of this sector. This is considered as a means of creating employment opportunities and a way of contributing towards the reduction of poverty in the world. The UN conference on social development that was held in Copenhagen brought along a list of recommendations with regards to this issue.