Core Economy and Streets

Abstract

Core economy is defined as the economic activity, which is mostly underestimated as the non-market economy. As a result of certain concurrent studies, it is however estimated to be 25% of the economy of the USA with 1.91 trillion USD for the year 1998, which can’t be measured directly in spite of generating direct benefits. District bazaars and marketplaces and the street economy, an intersection point of the ones tired of suppression and tyranny of the Landowners and Sheikhdom, snowed under the sectarian conflicts, the ones feeling outcasted from the society, who would like to enjoy the benefits of modern life, the ones without the sufficient capital to establish a business or a regular business, the ones who would like to contribute to their families, the ones who are outside and excluded from the professional life; some of the ones are thugs and ramblers and lumpen, and the ones with no jobs and got nothing as defined as ‘Bosiacs’ by Maxim Gorki.

Citation

Kasim, H. (2020), "Core Economy and Streets", Grima, S., Sirkeci, O. and Elbeyoğlu, K. (Ed.) Global Street Economy and Micro Entrepreneurship (Contemporary Studies in Economic and Financial Analysis, Vol. 103), Emerald Publishing Limited, Leeds, pp. 29-37. https://doi.org/10.1108/S1569-375920200000103003