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The Impact of Regulation on Growth and Informality

2012
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Release : 2012
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Book Synopsis The Impact of Regulation on Growth and Informality by : Norman V. Loayza

Download or read book The Impact of Regulation on Growth and Informality written by Norman V. Loayza. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves.

The Impact of Regulation on Growth and Informality

2005 Burden Of Regulation
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Release : 2005
Genre : Burden Of Regulation
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Book Synopsis The Impact of Regulation on Growth and Informality by : Norman V. Loayza

Download or read book The Impact of Regulation on Growth and Informality written by Norman V. Loayza. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves.

The Long Shadow of Informality

2022-02-09 Business & Economics
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Release : 2022-02-09
Genre : Business & Economics
Kind : eBook
Book Rating : 545/5 ( reviews)

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Book Synopsis The Long Shadow of Informality by : Franziska Ohnsorge

Download or read book The Long Shadow of Informality written by Franziska Ohnsorge. This book was released on 2022-02-09. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--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--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Economic Informality

2009-06-01 Political Science
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Release : 2009-06-01
Genre : Political Science
Kind : eBook
Book Rating : 976/5 ( reviews)

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Book Synopsis Economic Informality by : Ana Maria Oviedo

Download or read book Economic Informality written by Ana Maria Oviedo. This book was released on 2009-06-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Global Informal Workforce

2021-07-23 Business & Economics
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Release : 2021-07-23
Genre : Business & Economics
Kind : eBook
Book Rating : 910/5 ( reviews)

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Book Synopsis The Global Informal Workforce by : International Monetary Fund

Download or read book The Global Informal Workforce written by International Monetary Fund. This book was released on 2021-07-23. Available in PDF, EPUB and Kindle. Book excerpt: The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.

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