The Informal City: Exploring the Variety of the Street Vending Economy
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Date
2022-06-13
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Citation of Original Publication
Martínez, Lina, and John Rennie Short. 2022. "The Informal City: Exploring the Variety of the Street Vending Economy" Sustainability 14, no. 12: 7213. https://doi.org/10.3390/su14127213
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Attribution 4.0 International (CC BY 4.0)
Attribution 4.0 International (CC BY 4.0)
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Abstract
Street vending is one of the most important economic activities of the informal sector. This
paper highlights the diversity of street vending. We extend the previous analysis of the informal
economy in one city, Cali, Colombia, with data on informal workers in two public spaces: Downtown
and Santa Helena, and workers in the mass transit bus system. We show how the informal economy
varies greatly within one city. Provided the lack of data in the study of the informal economy, most
studies describe the dynamics of the informal sector as uniform across the urban space. In this
analysis, we present evidence about the spatial segmentation and diversity of street vendors by their
socioeconomic conditions, profits, and earnings. We further explore the spatial segmentation by
analyzing the large indebtedness and financial exclusion of street vendors. We report that workers
in the mass transit system are the most vulnerable and indebted and how the large indebtedness to
illegal payday lenders is a major barrier for street vendors to move out of poverty. We conclude that
it is important to understand the granularity of the urban informal economy in order to craft suitable
public policies.