Dual Sector Institutions

Dual Sector Institutions are entities that operate in both formal and informal economic sectors simultaneously. The formal sector includes regulated, registered businesses with clear legal status, such as corporations and government agencies. The informal sector comprises unregistered, smaller-scale activities like street vendors or subsistence farming. These institutions often serve as bridges, facilitating resource flow, employment, and services across both sectors, addressing diverse economic needs. Recognizing their dual nature helps policymakers develop inclusive strategies that support economic growth and social welfare by integrating efforts across the entire economy.