Author: Franziska Ohnsorge Publisher: World Bank Publications ISBN: 1464817545 Category : Business & Economics Languages : en Pages : 397
Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
Author: Erika Kraemer-Mbula Publisher: Cambridge University Press ISBN: 1107157544 Category : Business & Economics Languages : en Pages : 443
Book Description
This pioneering study offers a conceptual model and rich empirical evidence to help researchers and policy-makers understand informal innovation in developing countries.
Author: Jean-Pierre Cling Publisher: Routledge ISBN: 1317912225 Category : Business & Economics Languages : en Pages : 390
Book Description
Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It remains largely unrecognized by researchers, is neglected by politicians, and is even negatively perceived as it is meant to disappear with development. This book aims to amend this situation by presenting recent high level research which studies the informal sector and informal employment. Fresh research into this subject is presented through empirical analysis which covers Asia, Africa and Latin America. Each chapter relies on data and a detailed knowledge of the context of the countries studied in order to question the dominant schools of thought on the origins and causes of informality. The results provide interesting insights into the constraints faced by informal workers, the dynamics of the informal economy and its link with poverty issues. On the basis of the evidences provided by results adequate policies could be defined to address informality issues. The principal characteristics of the informal sector testify to some profound similarities between developing countries: low qualifications and the precariousness of jobs, mediocre incomes and working conditions, atomization of production units and lack of articulation with the formal economy, etc. This general statement does not contradict the observation that there is a high level of heterogeneity in the sector and in informal employment within each country, confirmed by several chapters in this work. In the absence of a sufficient number of job creations, the informal sector essentially constitutes a refuge for workers seeking and is here to stay in the short and medium term, even in emerging countries.
Author: Dipak Mazumdar Publisher: World Bank Publications ISBN: 9780821311837 Category : Business & Economics Languages : en Pages : 128
Book Description
This paper deals with labor market structures in developing countries and the impact of government policies on rural and urban labor markets. The central concern in analyses of employment is absorption of labor. Governments try to influence the demand for labor so that more members of the labor force are absorbed into productive employment. Employment outcomes are often the by-products of government policies that affect economic growth as a whole. This paper concentrates on factors that influence the structure and functioning of labor markets. In Chapter 1, a schematic picture of labor markets is presented. Chapters 2 and 3 analyze the salient features of the workings of rural and urban labor markets and discuss some important government policies that affect the functioning of these markets. The paper concludes that Government intervention in both rural and urban labor markets has often been less than successful, sometimes because their policies were based on incorrect assumptions. At other times, these policies have achieved less because the government also adopted other policies that tended to contradict the goal of providing jobs.
Author: Debdulal Saha Publisher: Taylor & Francis ISBN: 1134865082 Category : Business & Economics Languages : en Pages : 198
Book Description
Low industrial growth, declining agricultural sector and limited expansion of formal sector employment in India have increasingly forced the poor to take recourse to informal sources of livelihoods. Street vending is one such thriving source of self-employment across cities. This book delves into the sustenance and survival strategies of street vendors across 17 cities in India and assesses the issues revolving around self-created markets, livelihood and politics that are contested in public space. It also presents a conceptual and theoretical understanding of different socio-economic and policy concerns pertaining to street vending in the country. The study shows how despite the absence of legal frameworks and institutional support, these urban self-employed informal workers subsist by arranging ad-hoc alternatives, creating informal institutions and negotiating with formal and informal actors in the market. It also discusses the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014, and examines how inclusive the legal recognition is for these workers of informal economy. Drawing on exhaustive research and a wealth of primary data, this book will be useful to scholars and researchers in development studies, labour studies, economics, sociology and those in public policy and urban planning.
Author: Jill Boberg Publisher: Routledge ISBN: 1351772651 Category : Social Science Languages : en Pages : 201
Book Description
This title was first published in 2000: Woodfuels in developing countries, particularly Africa, remain a basic need for urban households, who depend heavily on them for their energy needs. This work examines the confusion about the environmental and social impacts of woodfuel use, and the structure of informal sector woodfuel markets. Using data from a year of survey field work in Tanzania, the author questions assumptions of poorly functioning woodfuel markets and their impact on environment and society. Approaching the unregulated woodfuel markets as industrial organizations, the author uses a classic structure previously applied to developed markets in industrialized countries, to determine the competitiveness and efficiency of woodfuel markets. Results indicate well-functioning makets under most circumstances and the study details the variables which enhance market sustainability. The social and environmental implications of woodfuel use as it exists, and suggestions to policymakers for improvements to enhance the sustainability of the system and the environment, complete the study. The study should be useful for those interested in energy and environmental issues or informal markets (including agricultural markets) in developing countries, and to those interested in industrial organization as applied to the Third World.
Author: Sheila Page Publisher: Routledge ISBN: 1136139168 Category : Business & Economics Languages : en Pages : 381
Book Description
Developing countries now use monetary policy as part of their adjustment programmes but its targets, the tools, and the theory were developed for advanced countries. Low income countries do not have the sophisticated financial sectors that rich ones can assume, and the shocks and size of adjustment which they face may be much greater. Using six country studies, with special analysis of the roles of the external sector and the informal financial sector, this book analyses the interaction among monetary policy, the financial sector, and development.
Author: Dani Rodrick Publisher: Elsevier ISBN: 0080931723 Category : Business & Economics Languages : en Pages : 1066
Book Description
What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between policies and outcomes by surveying work from broad macroeconomic policies to interventions in microfinance. Asserting that there are no universal correspondences between policies and outcomes, contributors demonstrate instead that only an intense familiarity with the development context and the universe of applicable economic models can generate successful policies. Getting cause-and-effect right is essential for policy design and implementation. With the goal of drawing researchers and policy makers closer, this volume highlights our increasing understanding of ways to combine economic theorizing with careful, thoughtful empirical work. - Presents an accurate, self-contained survey of the current state of the field - Summarizes the most recent discussions, and elucidates new developments - Although original material is also included, the main aim is the provision of comprehensive and accessible surveys
Author: Franziska Ohnsorge
Author: Erika Kraemer-Mbula
Author: Jean-Pierre Cling
Author: Jütting Johannes
Author: Grace, D.
Author: Dipak Mazumdar
Author: Debdulal Saha
Author: Jill Boberg
Author: Sheila Page
Author: Dani Rodrick