In classical accounts of economic development, economic growth is seen to beaccompanied by a decline in informal employment.¹ Yet, in most developingcountries, particularly in sub-Saharan Africa and South Asia and less so in EastAsia and Latin America, informal forms of economic activity remain a persis-tent phenomenon in spite of rapid economic growth in recent decades (Kanbur2017). Informal …
This book rebuts these erroneous ideas, but it does not replace them with idealized views of adulthood and old age. Rather, it paints an accurate picture of what it means to grow old today, recognizing that development across adulthood brings growth and opportunities as well as loss and decline. To begin, we consider the life-span perspective, which helps place adult development and aging into…