Watch the following video in which Robert Neuwirth discusses informal economies.1.8 million jobs exist within this informal economic system. In developing nations, the informal economy is a significant part of the total economic activity.

Watch the following video in which Robert Neuwirth discusses informal economies.1.8 million jobs exist within this informal economic system. In developing nations, the informal economy is a significant part of the total economic activity. Please include references to the text and other scholarly references.  Be sure to post your original response (minimum 400 words).