ABSTRACT

This chapter discusses the interview of Francois Bourguignon with the author. Professor Bourguignon is a global authority in development economics. The professor is the editor of the European Economic Review and has published very numerous articles on economic issues and development issues. Bourguignon says that, informality is a topic which has been present in development economics forever. And the people have to remember that, basically, informality is the reserve army that they find in Marx and it is the unlimited supply of labour that we find in this very well-known model by Arthur Lewis. The professor says that the informality is at the level of the dimension of the employer and employee relationship, but for him, at least in some countries one important cause should have been removed. The professor concludes this by mentioning one definition that he worked with his colleague Martin Rama and his colleague when he was in the World Bank Stefano Scarpetta.