Description: Informality : Exit and Exclusion

Informality : Exit and Exclusion

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...

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Bibliographic Details
Main Authors:	Perry, Guillermo E., Maloney, William F., Arias, Omar S., Fajnzylber, Pablo, Mason, Andrew D., Saavedra-Chanduvi, Jaime
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	AGE GROUPS AGGREGATE PRODUCTIVITY ALM AUTONOMY BACKGROUND PAPERS BUSINESS CYCLE DRIVERS EARNING EARNINGS GAIN ECONOMIC GROWTH EMPLOYMENT EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT RATES EMPLOYMENT SIZE EMPLOYMENT STATUS ENTREPRENEURSHIP FIRM DYNAMICS FIRM PRODUCTIVITY FIRM SIZE GROWTH HEALTH EXPENDITURES HEALTH INSURANCE HIGH WAGES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN CAPITAL INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR INSTITUTIONAL DEVELOPMENT INTERNATIONAL LABOUR ORGANIZATION JOB CREATION JOB SATISFACTION JOBS LABOR COSTS LABOR FORCE LABOR FORCE PARTICIPATION LABOR LEGISLATION LABOR MARKET REFORM LABOR PRODUCTIVITY LABOR REGULATIONS LABOR STATISTICS LABORERS LABOUR LEGAL STATUS LITERATURE MANDATED BENEFITS MANDATES MUNICIPALITIES OCCUPATIONS OLDER WORKERS PAID WORKERS PAYROLL TAXES PENSIONS PRIVATE COST PRIVATE GAINS PRODUCTIVITY PUBLIC POLICIES RECOMMENDATIONS RETIREMENT RISK MANAGEMENT SALARIED RELATIONSHIP SALARIED WORKER SALARIED WORKERS SERVANTS SKILLED PROFESSIONALS SOCIAL PROTECTION SOCIAL SECURITY SUBSIDIARY TAX ADMINISTRATION TAX COMPLIANCE TAX REFORM TAXATION TERTIARY EDUCATION TRANSPORT UNEMPLOYMENT UNPAID FAMILY WORKERS UNPAID WORKERS UNSKILLED WORKERS URBAN EMPLOYMENT WORKER WORKERS WORKING WORKING CONDITIONS
Online Access:	http://documents.worldbank.org/curated/en/2007/01/7739552/informality-exit-exclusion http://hdl.handle.net/10986/6730

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Summary:	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.

Informality : Exit and Exclusion

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