Economic Informality: Causes, Costs, And Policies - A Literature Survey

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Economic Informality: Causes, Costs, And Policies - A Literature Survey by Oviedo Ana Maria; Thomas Mark R.; Karakurum-Özdemir Kamer, World Bank
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Author: Oviedo Ana Maria; Thomas Mark R.; Karakurum-Özdemir Kamer ISBN: 9780821379967
Publisher: World Bank Publication: June 1, 2009
Imprint: Language: English
Author: Oviedo Ana Maria; Thomas Mark R.; Karakurum-Özdemir Kamer
ISBN: 9780821379967
Publisher: World Bank
Publication: June 1, 2009
Imprint:
Language: English
This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of "exclusion" and "exit." The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.
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This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of "exclusion" and "exit." The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.

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