Interventions over the past decades to encourage increased business formalization have shown mixed results and produced limited knowledge on how to address informality systematically. The scale of the informal sector in emerging and developing economies, which accounts for 25 to 40 percent of GDP and often more than 60 percent of employment, merits rethinking approaches to formalization. Based on a review of relevant literature on informality and...
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INFORMATION
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2020/12/09
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Rapport
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154884
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1
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1
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2020/12/09
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Disclosed
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Re-thinking the Approach to Informal Businesses : Typologies, Evidence and Future Exploration
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informal business