The Long Shadow Of Informality
Download The Long Shadow Of Informality PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Long Shadow Of Informality book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages.
The Long Shadow of Informality
Author: Franziska Ohnsorge
language: en
Publisher: World Bank Publications
Release Date: 2022-03-01
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—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.
Informality and Globalisation In Search of a New Social Contract
Globalisation and rapid technological change have radically transformed labour markets, affecting the lives and prospects of billions of workers. Those in the informal economy, the vast bulk of the workforce in the Global South, have been bearing the brunt.
A Modern Guide to the Informal Economy
Author: Colin C. Williams
language: en
Publisher: Edward Elgar Publishing
Release Date: 2023-03-02
This Modern Guide presents a comprehensive synthesis of contemporary thought on the informal economy, which, as the author demonstrates – far from being a peripheral feature of the global economy – is a system in which the majority of the global workforce are employed and which has pervasive detrimental effects. Formalising it is therefore a priority for most governments.