The local economy, which should prosper for local communities to ensure their development, continues to face difficulties since the advent of decentralization in 2003. The majority of companies operating in the various municipalities are not only in the informal, but are not organized.
Growth is rising, inflation is falling, infrastructure is growing. Yet the private sector is stagnating and poverty is getting worse. In question, the informal sector that plunders the economic results. This observation made at the level of the Beninese economy, according to Jeune Afrique of April 9, 2015, has ramifications in the communes and thus in the local economies. The private sector in the municipalities is characterized by the predominance of companies qualified by some "informal". If these companies are not legally recognized, they generate a significant activity and provide income to a majority of assets. Employees working in this sector often work in difficult and precarious conditions (no guaranteed minimum wage, no social security, and no easy access to care). These companies play an important role in the training of young people ("apprentices"). It is estimated that they offer their first job to more than three quarters of young people. They certainly generate substantial revenues but their informal nature keeps them in precariousness, and administrative clandestinity. As a result, any action to strengthen the local economy must deal with informal businesses...[more] using Google translate
Grassroots development: When the informal sector dominates the local economy
Bruno Sewade writes via Google Translate:
