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Stealth of Nations: The Global Rise of the Informal Economy (Pantheon Books) (Hardback)
$18.29 - Save $7.66 29% off - RRP $25.95 Free shipping worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for Stealth of Nations- 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 foo...
Full description- Publisher: Pantheon Books
- Published: 15 November 2011
- Format: Hardback 288 pages
- See: Full bibliographic data
- Categories: Economics | International Economics | Political Economy | Business Strategy
- ISBN 13: 9780375424892 ISBN 10: 037542489X
- Sales rank: 127,550
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Full description for Stealth of Nations
- 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 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. 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.
