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Author Oviedo, Ana María.

Title Economic informality : causes, costs, and policies : a literature survey / Ana Maria Oviedo, Mark R. Thomas, Kamer Karakurum-Özdemir
Published Washington, DC : World Bank, 2009
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Description 1 online resource (vi, 42 pages) : illustrations
Series World Bank working paper ; no. 167
World Bank working paper ; no. 167
Contents 1. Introduction. -- 2. What Is Informal Economic Activity? -- Informal Activity in Developing and Developed Economies -- 3. Causes and Costs of Informal Activities -- Causes: Cross-Country vs. Microdata Studies -- Costs of Informality of the Firm -- Aggregate Costs -- Costs of Informal Employment -- Are There Benefits of Informality? -- 4. Policies to Reduce Informality -- Increasing Tax Compliance -- Encouraging Business Creation and Growth -- Strengthening Enforcement -- Creating a More Inclusive Social Protection System -- Building Trust and Collective Incentives
Summary 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 tra
Bibliography Includes bibliographical references
Notes Print version record
Subject Economic development.
Informal sector (Economics)
Form Electronic book
Author Karakurum-Özdemir, Kamer.
Thomas, Mark R. (Mark Roland), 1966-
World Bank.
LC no. 2009020149
ISBN 0821379976 (electronic bk.)
9780821379974 (electronic bk.)