The Long Shadow of Informality Challenges and Policies

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The Long Shadow of Informality Challenges and Policies

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A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging markets and developing economies. Widespread informality may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemicー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ーincluding lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.画面が切り替わりますので、しばらくお待ち下さい。
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本・雑誌・コミック » 洋書 » BUSINESS & SELF-CULTURE
widespread challenges investment greater markets