Book cover of Stealth Of Nations: The Global Rise of the Informal Economy

Book 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.
 
•…

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Why read it?

1 author picked Stealth Of Nations as one of their favorite books. Why do they recommend it?

Veteran journalist Neuwirth challenges conventional economic thinking when he explores the global dimensions of the informal economy, worth trillions, that operates all around us yet is hidden from view.

His eye-opening depictions from Brazil to Nigeria and China ring true to anyone familiar with this economy that has its own unwritten rules, provides economic opportunities to half the world’s population, offers consumers with affordable products, and recycles waste.

He takes seriously the aspirations of the participants in this economy who interface with the formal economy, yet do not necessarily aspire to work in it.

From Aili's list on the economy as if people mattered.

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German pianist Hedda Schlagel's world collapsed when her fiancé, Fritz, vanished after being sent to an enemy alien camp in the United States during the Great War. Fifteen years later, in 1932, Hedda…

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