9780821370926: Informality: Exit and Exclusion

Synopsis

This publication examines the informal economy in Latin America, exploring root causes and reasons for and implications of its growth, from a variety of perspectives ranging from a concern with the protection of workers and the productivity of firms to the determinants of tax evasion. It argues that overcoming this ""culture of informality"" will require actions to increase aggregate productivity in the economy, reform poorly designed regulations and social policies, and increase the legitimacy of the state by improving the quality and fairness of state institutions and governance.

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Présentation de l'éditeur

This publication examines the informal economy in Latin America, exploring root causes and reasons for and implications of its growth, from a variety of perspectives ranging from a concern with the protection of workers and the productivity of firms to the determinants of tax evasion. It argues that overcoming this ""culture of informality"" will require actions to increase aggregate productivity in the economy, reform poorly designed regulations and social policies, and increase the legitimacy of the state by improving the quality and fairness of state institutions and governance.

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