Rising Informality

• Tác giả: Andrea Anayiotos
• Ngôn ngữ: eng
• Ký hiệu phân loại: 016.39 Bibliographies and catalogs of works on specific subjects or in specific disciplines
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 294366
• Chủ đề: 1. ACCOUNTABILITY; 2. ASSETS; 3. CITIES; 4. COLLATERAL; 5. ECONOMIC ACTIVITY

Tóm tắt

By some estimates more than 30 percent of the developing world's GDP and 70 percent of its workers are outside the official economy. The implications: Most small firms are trapped in low-productivity operations with little access to finance, key government services, and formal customers. Workers lack safety and social protection. And bigger, better-connected firms use unfair informal practices to beat out more productive formal competitors. The result is slower economic growth and a growing social divide between the informal and formal parts of society.