The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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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.

The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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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.

Informality Revisited

Informality Revisited PDF Author: William Francis Maloney
Publisher: World Bank Publications
ISBN:
Category : Informal sector (Economics)
Languages : en
Pages : 32

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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.

The South African Informal Sector

The South African Informal Sector PDF Author: Frederick C. v. N. Fourie
Publisher:
ISBN: 9780796925343
Category : Economic development
Languages : en
Pages : 490

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Book Description
"Although South Africa's informal sector is small compared to other developing countries, it nevertheless provides livelihoods, employment and income for millions of workers and business owners. Almost half of informal-sector workers work in firms with employees. The annual entry of new enterprises is quite high, as is the number of informal enterprises that grow their employment. There is no shortage of entrepreneurship and desire to grow. However, obstacles and constraints cause hardship and failure, pointing to the need for well-designed policies to enable and support the sector, rather than suppress it. The same goes for formalisation. Recognising the informal sector as an integral part of the economy, rather than ignoring it, is a crucial first step towards instituting a 'smart' policy approach. The South African Informal Sector is strongly evidence- and data-driven, with substantial quantitative contributions combined with qualitative findings--suitable for an era of increased pressure for evidence-based policy-making--and utilises several disciplinary perspectives."--

Transitioning from the Informal to the Formal Economy

Transitioning from the Informal to the Formal Economy PDF Author: International Labour Conference
Publisher:
ISBN: 9789221277545
Category : Informal sector (Economics)
Languages : en
Pages : 83

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Book Description
Provides an overview of the phenomenon of the informal economy, its impact on the attainment of decent work for all workers and employers and the ILO's approach to the transition to formality, as set out in the 2002 Conclusions. Looks at the regulatory environment relating to the informal economy at the international and national levels, with examples of existing laws and practice from different regions, legal systems, traditions and circumstances adopted by ILO constituents to ensure a progressive transition to the formal economy. Examines the need for an integrated policy framework, encompassing the ILO's four strategic objectives (fundamental principles and rights at work, employment, social protection and social dialogue) adapted to the national context of each member State for a progressive transition to the formal economy and decent work.

Informal Employment in Emerging and Transition Economies

Informal Employment in Emerging and Transition Economies PDF Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 178052787X
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
Informality and informal employment are wide-spread and growing phenomena in all regions of the world, particularly in low and middle income economies. This volume sheds light on the incidence and persistence of informality and the role of institutions and government regulations, and offers insights into issues such as how labor and tax regulations

The Impact of Regulation on Growth and Informality

The Impact of Regulation on Growth and Informality PDF Author: Norman V. Loayza
Publisher: World Bank Publications
ISBN:
Category : Burden Of Regulation
Languages : en
Pages : 22

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Book Description
Abstract: The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves.

Linking the Formal and Informal Economy

Linking the Formal and Informal Economy PDF Author: Basudeb Guha-Khasnobis
Publisher: Oxford University Press, USA
ISBN: 0199204764
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
A collection of studies on formality and informality in developing countries, this volume contains contributions from anthropologists, economists, sociologists, and political scientists. It argues for moving beyond the formal-informal dichotomy, and offers information to develop guiding principles for intervention.

The Informal Economy Revisited

The Informal Economy Revisited PDF Author: Martha Chen
Publisher: Routledge
ISBN: 0429575386
Category : Business & Economics
Languages : en
Pages : 335

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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

Informality

Informality PDF Author: Guillermo Perry
Publisher: World Bank Publications
ISBN: 0821370936
Category : Business & Economics
Languages : en
Pages : 270

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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.

Open Markets, Free Trade and Sustainable Development

Open Markets, Free Trade and Sustainable Development PDF Author: Mahendra Pal Singh
Publisher: Springer
ISBN: 9789811374289
Category : Law
Languages : en
Pages : 310

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Book Description
This book explores the dilemmas posed by globalisation in various aspects of law. It covers diverse themes, ranging from the impact of different legislative measures, bilateral and regional agreements in the context of trade, investment and mobility of labour, to concerns about sustainability, equity, regional balance and social security in the light of globalisation. Although it focuses mainly on India and the European Union, the issues raised and challenges discussed are of a general nature, and as such relevant in the broader context. The chapters address contemporary problems in trade, investment and labour mobility, which have emerged through the complex interaction of market, state policies and socio-environmental concerns, and are expressed on national and global platforms in the context of evolving legal system. The book is a valuable resource for students, researchers and academics engaged in comparative legal studies, particularly those interested in studying the interplay of globalisation with various areas and aspects of law at national as well as international levels. It also appeals to anyone interested in law and policy studies.