We must learn to live with the informal economy; with the notion that informality may be a legitimate state in which to temporarily operate

Benedict Dellot argues that we should begin seeing informal economic activity not as symptomatic of excessive greed, but as a source of latent entrepreneurialism. The findings of a new report released today by the Royal Society of Arts (RSA) finds the route to formalisation for many people a journey that is marred with hurdles to be cleared and setbacks to be overcome.