The Experience of International Street Vendor Economy’s Policy and Enlightenment Through Desk Research

Abstract

In recent years, the street vendor economy, an informal economic activity in which individual workers obtain income by selling legal goods in urban public space, has developed rapidly all over the world. This phenomenon is inseparable from the change of attitude and policy towards informal economy in various countries, certainly, the street-stall economy has its unique charm. This paper uses the SWOT analysis, one of the desktop research’s essential methods, to obtain the international experience and inspiration for the street vendor economy through the analysis of the China, Vietnam and South Africa. By analyzing the strengths, weaknesses, opportunities and threat of the policy and law in the Vietnam and South Africa respectively, the enlightenment from these two countries the author had studied might help promote the perfection of the policy in China.