Mon. Jul 15th, 2024

Aims and scope

Journal of Formal and Informal Sectors is an international refereed, online open access journal which publishes to introduce basic microeconomic concepts and tools for microeconomic analysis. It is a journal that employs microeconomics to analyse issues in business, consumer behaviour, and public policy. The Journal of Formal and Informal Sectors is interested in manuscripts that explain economic phenomena through a description and analysis of the formal and informal rules that regulate the use of natural resources and technology, define the distribution of economic power between individuals and groups, and delimit the scope of human agency. A variety of analytical approaches, including those borrowed from disciplines such as history, philosophy, psychology, anthropology, systems theory, biology and evolutionary science, network theory, sociology, law, geography, and neuroscience, are acceptable, so long as the institutional environment (as opposed to the optimizing agent) constitutes the main object of inquiry. The journal also publishes occasional special issues. Its special thematic issues contribute to the confrontation of scholarly perspectives on overlooked problems – a must-read for faculty, doctoral and graduate students.

Subject Areas

Journal of Formal and Informal Sectors consistently covers a wide array of subject areas, Agricultural Economics, Business Economics, Demographic Economics, Development Economics, Econometrics, Economic Systems, Education Economics, Entrepreneurship, Finance & Investments, Financial Economics, Industrial Organization, Institutional & Corporate Finance, Insurance & Risk Management, International Economics, and Finance & Trade. The Review encourages economists to ponder this broad question and more. It embraces all the new issues that might emerge as the 21st century progresses as well as providing an outlet for high-quality research. Journal of Formal and Informal Sectors welcomes papers based on original research, critical policy debates and comparative analyses. Submissions and subscriptions are open to all.

KMF Publication Ethics Statement

Journal of Formal and Informal Sectors is a member of the Committee on Publication Ethics. KMF takes the responsibility to enforce a rigorous peer-review together with strict ethical policies and standards to ensure to add high quality scientific works to the field of scholarly publication. Unfortunately, cases of plagiarism, data falsification, inappropriate authorship credit, and the like, do arise. KMF takes such publishing ethics issues very seriously and our editors are trained to proceed in such cases with a zero tolerance policy. To verify the originality of content submitted to our journals, we use latest software to check submissions against previous publications.

Book Reviews

Authors and publishers are encouraged to send review copies of their recent related books to the following address. Received books will be listed as Books Received within the journal’s News & Announcements section.

Copyright / Open Access

Articles published in Journal of Formal and Informal Sectors will be Open-Access articles distributed under the terms and conditions of the Creative Commons Attribution Law. The copyright is retained by the author(s). KMF will insert the following note at the end of the published text:

© 2021 by the authors; licensee KMF. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution Law.


Reprints may be ordered. Please contact for more information on how to order reprints.

Announcement and Advertisement

Announcements regarding academic activities such as conferences are published for free in the News & Announcements section of the journal. Advertisement can be either published or placed on the pertinent website.