* 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. bull; Hundreds of Paraguayan merchants smuggle computers, electronics, and clothing across the border to Brazil. bull; Scores of laid-off San Franciscans, working without any licenses, use Twitter to sell home-cooked foods. bull; Dozens of major multinationals sell products through unregistered kiosks and street vendors around the world. hen we think of the informal economy, we tend to think of crime- prostitution, gun running, drug trafficking. Stealth of Nations opens 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. aving 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 employme
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Book DetailsISBN: 9780307279989
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Robert Neuwirth is the author of Shadow Cities- A Billion Squatters, a New Urban World. He has received a research and writing grant from the John D. & Catherine T. MacArthur Foundation, appears nationally and internationally as a speaker and on radio, and has written for The New York Times, The Washington Post, Dwell, Fortune, The Nation, and Wired, among many other publications. He lives in Brooklyn. i>From the Hardcover edition.
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