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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Main Authors:	Palmade, Vincent, Anayiotos, Andrea
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	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
Online Access:	http://documents.worldbank.org/curated/en/2005/08/6242398/rising-informality http://hdl.handle.net/10986/11209

id	okr-10986-11209
recordtype	oai_dc
spelling	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
repository_type	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

Rising Informality

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