The Development Characteristics and Management Policies of Street Stalls in Developing Countries——Taking China, Thailand and Malaysia as Examples

Proceedings of The 5th International Conference on Management, Economics and Finance

Year: 2022

DOI: https://www.doi.org/10.33422/5th.icmef.2022.07.250

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The Development Characteristics and Management Policies of Street Stalls in Developing Countries——Taking China, Thailand and Malaysia as Examples

Xinru Song, Zhijie Tu, Nuo Wang

ABSTRACT: 

Since 1970, the informal economy has expanded rapidly around the world, especially in developing countries, and it has developed into the largest sector of non-farm employment in developing countries. Among them, the stall economy, as a major channel of informal employment, is of great significance to the study of developing countries. This article will take China, Malaysia, and Thailand as examples, and summarize the significance of the stall economy to developing countries from three aspects: the relevant background of the country, the relevant policies released, and the significance of the existence of the corresponding countries.

keywords: street stalls, developing country, informal employment.