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: International Monetary Fund Publisher: International Monetary Fund ISBN: 1513575910 Category : Business & Economics Languages : en Pages : 414
Book Description
The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.
Author: Simeon Djankov Publisher: ISBN: Category : Barriers to entry (Industrial organization) Languages : en Pages : 56
Book Description
New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureacrats.
Author: William Francis Maloney Publisher: World Bank Publications ISBN: Category : Informal sector (Economics) Languages : en Pages : 32
Book Description
The author develops a view of the informal sector in developing countries primarily as an unregulated micro-entrepreneurial sector and not as a disadvantaged residual of segmented labor markets. Drawing on recent work from Latin America, he offers alternative explanations for many of the characteristics of the informal sector customarily regarded as evidence of its inferiority.
Author: Rafael La Porta Publisher: ISBN: Category : Economics Languages : en Pages : 0
Book Description
We establish five facts about the informal economy in developing countries. First, it is huge, reaching about half of the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal firms are typically small, inefficient, and run by poorly educated entrepreneurs. Third, although avoidance of taxes and regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal sector. Lowering registration costs neither brings many informal firms into the formal sector, nor unleashes economic growth. Fourth, the informal economy is largely disconnected from the formal economy. Informal firms rarely transition to formality, and continue their existence, often for years or even decades, without much growth or improvement. Fifth, as countries grow and develop, the informal economy eventually shrinks, and the formal economy comes to dominate economic life. These five facts are most consistent with dual models of informality and economic development.
Author: Guillermo Perry Publisher: World Bank Publications ISBN: 0821370936 Category : Business & Economics Languages : en Pages : 270
Book Description
Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
Author: Emebet Hailemichael Publisher: GRIN Verlag ISBN: 3346203824 Category : Business & Economics Languages : de Pages : 5
Book Description
Studienarbeit aus dem Jahr 2018 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: A-, Ethiopian Civil Service University (College of Urban Development and Engineering), Veranstaltung: Managing Informality, Sprache: Deutsch, Abstract: The informal sector is defined as a sector which include all enterprises which are not officially regulated and which operate outside the incentive system offered by the state and its institutions. In contrast, enterprises which enjoy official recognition, protection and support are defined as formal sector. No such support or protection is available to informal sector enterprises. At the empirical level, the informal sector is defined to comprise those economic enterprises which employ less than 10 persons (including the owner) per unit and which operate in open spaces; housed in a temporary or semi-permanent structure; does not operate from spaces assigned by government, municipality or private organizers of officially recognized marketplaces; it operates from residences or backyard; and it is not recognized.
Author: Ana Maria Oviedo Publisher: World Bank Publications ISBN: 0821379976 Category : Political Science Languages : en Pages : 54
Book Description
This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of exclusion and exit. The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.
Author: Santiago Levy Algazi Publisher: Inter-American Development Bank ISBN: 1597823058 Category : Business & Economics Languages : en Pages : 323
Book Description
Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Author: Martha Chen Publisher: Routledge ISBN: 0429575386 Category : Business & Economics Languages : en Pages : 323
Book Description
This landmark volume brings together leading scholars in the field to investigate recent conceptual shifts, research findings and policy debates on the informal economy as well as future challenges and directions for research and policy. Well over half of the global workforce and the vast majority of the workforce in developing countries work in the informal economy, and in countries around the world new forms of informal employment are emerging. Yet the informal workforce is not well understood, remains undervalued and is widely stigmatised. Contributors to the volume bridge a range of disciplinary perspectives including anthropology, development economics, law, political science, social policy, sociology, statistics, urban planning and design. The Informal Economy Revisited also focuses on specific groups of informal workers, including home-based workers, street vendors and waste pickers, to provide a grounded insight into disciplinary debates. Ultimately, the book calls for a paradigm shift in how the informal economy is perceived to reflect the realities of informal work in the Global South, as well as the informal practices of the state and capital, not just labour. The Informal Economy Revisited is the culmination of 20 years of pioneering work by WIEGO (Women in Informal Employment: Globalizing and Organizing), a global network of researchers, development practitioners and organisations of informal workers in 90 countries. Researchers, practitioners, policy-makers and advocates will all find this book an invaluable guide to the significance and complexities of the informal economy, and its role in today’s globalised economy. The Open Access version of this book, available at https://www.taylorfrancis.com/books/e/9780429200724, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license
Author: Franziska Ohnsorge
Author: International Monetary Fund
Author: Simeon Djankov
Author: William Francis Maloney
Author: Rafael La Porta
Author: Guillermo Perry
Author: Emebet Hailemichael
Author: Ana Maria Oviedo
Author: Santiago Levy Algazi
Author: Martha Chen