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Informality: Exit and Exclusion. World Bank Latin American and Caribbean Studies (Electronic book text)
Informality: Exit and Exclusion. World Bank Latin American and Caribbean Studies (Electronic book text): Guillermo E. Perry,...
Informality: Exit and Exclusion. World Bank Latin American and Caribbean Studies (Electronic book text): Guillermo E. Perry,...

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Informality: Exit and Exclusion. World Bank Latin American and Caribbean Studies (Electronic book text)

Guillermo E. Perry, Omar Arias, Pablo Fajnzylber, William F. Maloney, Andrew Mason, Jaime Saavedra-Chanduvi

Series: World Bank Latin American and Caribbean Studies

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Informality: Exit and Exclusion analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. The authors use two distinct but complementary lenses: informality driven by exclusion from state benefits or the circuits of the modern economy, and driven by voluntary exit decisions resulting from private cost-benefit calculations that lead workers and firms to opt out of formal institutions. They find both lenses have considerable explanatory power to understand the causes and consequences of informality in the region.Informality: Exit and Exclusion concludes that reducing informality levels and overcoming the culture of informality will require actions to increase aggregate productivity in the economy, reform poorly designed regulations and social policies, and increase the legitimacy of the state by improving the quality and fairness of state institutions and policies. Although the study focuses on Latin America, its analysis, approach, and conclusions are relevant for all developing countries.

General

Imprint: World Bank Group
Country of origin: United States
Series: World Bank Latin American and Caribbean Studies
Release date: 2010
Authors: Guillermo E. Perry • Omar Arias • Pablo Fajnzylber • William F. Maloney • Andrew Mason • Jaime Saavedra-Chanduvi
Format: Electronic book text
Pages: 248
ISBN-13: 978-1-280-85783-6
Barcode: 9781280857836
Categories: Promotions
Books > Medicine > General issues > Health systems & services
Books > Medicine > General issues > Health systems & services > General
LSN: 1-280-85783-8

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