Robert Neuwirth Keynotes - The keynotes by Robert Neuwirth explore the development of poverty-stricken slums and their eventual...
Robert Neuwirth brings forth extraordinary data that tells us a lot about the informal economy many in North America may not be familiar with. Robert Neuwirth says that half the workers in the world are working in System D, which equates to 1.8 billion people, producing a total global value $10 trillion a year. He also points out that if System D was recognized as a single entity, it would qualify as the second largest economy in the world (second only to the U.S.).
Robert Neuwirth also discusses the reality of the informal economy, and projects "over the next 15 years, cities in emerging economies will create 50 percent of the world's economic growth." Since the informal economy is growing faster than the formal economy, it may be time to take notice.