Most firms in developing countries are informal. Does it make sense for them to formalize? Hernando de Soto has famously argued that informal firms would like to be formal, only that burden some entry barriers prevent them. The result, spurred by the efforts of doing business and investment climate reform efforts has been efforts around the world to streamline the entry process. However, a countervailing view of informality views informal firm owners...
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INFORMATION
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2012/03/01
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Fiche
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68268
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1
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1
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2012/04/25
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Disclosed
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Do informal firms want to formalize and does it help them if they do?
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informal firms
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