Rising Informality
By some estimates more than 30 percent of the developing world's GDP and 70 percent of its workers are outside the official economy. The implications: Most small firms are trapped in low-productivity operations with little access to finance, k...
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okr-10986-112092021-04-23T14:02:54Z Rising Informality Palmade, Vincent Anayiotos, Andrea ACCOUNTABILITY ASSETS CITIES COLLATERAL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT EMPIRICAL EVIDENCE EMPLOYMENT EVASION FINANCIAL INSTITUTIONS GOVERNMENT REGULATIONS HOUSING IMPORT TARIFFS INVENTORY LAWS LOCAL GOVERNMENTS MICROFINANCE MIDDLE EAST MIGRATION MONOPOLIES NORTH AFRICA PRIVATE BANKS PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROPERTY RIGHTS PROPERTY TAXES PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING QUALITY STANDARDS SUB-SAHARAN AFRICA TAX TRANSPARENCY UTILITIES By some estimates more than 30 percent of the developing world's GDP and 70 percent of its workers are outside the official economy. The implications: Most small firms are trapped in low-productivity operations with little access to finance, key government services, and formal customers. Workers lack safety and social protection. And bigger, better-connected firms use unfair informal practices to beat out more productive formal competitors. The result is slower economic growth and a growing social divide between the informal and formal parts of society. 2012-08-13T14:27:15Z 2012-08-13T14:27:15Z 2005-08 http://documents.worldbank.org/curated/en/2005/08/6242398/rising-informality http://hdl.handle.net/10986/11209 English Viewpoint: Public Policy for the Private Sector; Note No. 298 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ACCOUNTABILITY ASSETS CITIES COLLATERAL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT EMPIRICAL EVIDENCE EMPLOYMENT EVASION FINANCIAL INSTITUTIONS GOVERNMENT REGULATIONS HOUSING IMPORT TARIFFS INVENTORY LAWS LOCAL GOVERNMENTS MICROFINANCE MIDDLE EAST MIGRATION MONOPOLIES NORTH AFRICA PRIVATE BANKS PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROPERTY RIGHTS PROPERTY TAXES PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING QUALITY STANDARDS SUB-SAHARAN AFRICA TAX TRANSPARENCY UTILITIES |
spellingShingle |
ACCOUNTABILITY ASSETS CITIES COLLATERAL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT EMPIRICAL EVIDENCE EMPLOYMENT EVASION FINANCIAL INSTITUTIONS GOVERNMENT REGULATIONS HOUSING IMPORT TARIFFS INVENTORY LAWS LOCAL GOVERNMENTS MICROFINANCE MIDDLE EAST MIGRATION MONOPOLIES NORTH AFRICA PRIVATE BANKS PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROPERTY RIGHTS PROPERTY TAXES PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING QUALITY STANDARDS SUB-SAHARAN AFRICA TAX TRANSPARENCY UTILITIES Palmade, Vincent Anayiotos, Andrea Rising Informality |
relation |
Viewpoint: Public Policy for the Private Sector; Note No. 298 |
description |
By some estimates more than 30 percent
of the developing world's GDP and 70 percent of its
workers are outside the official economy. The implications:
Most small firms are trapped in low-productivity operations
with little access to finance, key government services, and
formal customers. Workers lack safety and social protection.
And bigger, better-connected firms use unfair informal
practices to beat out more productive formal competitors.
The result is slower economic growth and a growing social
divide between the informal and formal parts of society. |
format |
Publications & Research :: Viewpoint |
author |
Palmade, Vincent Anayiotos, Andrea |
author_facet |
Palmade, Vincent Anayiotos, Andrea |
author_sort |
Palmade, Vincent |
title |
Rising Informality |
title_short |
Rising Informality |
title_full |
Rising Informality |
title_fullStr |
Rising Informality |
title_full_unstemmed |
Rising Informality |
title_sort |
rising informality |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2005/08/6242398/rising-informality http://hdl.handle.net/10986/11209 |
_version_ |
1764415914736877568 |