Wednesday, January 04, 2012

Off-the-Books Global Businesses

Wired Magazine interviews Robert Neuwirth, author of Stealth of Nations: The Global Rise of the Informal Economy on why black market entrepreneurs matter to the world economy.
Further, he (Neuwirth) says, these enterprises are critical sources of entrepreneurialism, innovation, and self-reliance. And the globe’s gray and black markets have grown during the international recession, adding jobs, increasing sales, and improving the lives of hundreds of millions. It’s time, Neuwirth says, for the developed world to wake up to what those who are working in the shadows of globalization have to offer. We asked him how these tiny enterprises got to be such big business.
Read the entire interview here.

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