Informality: Exit and Exclusion (World Bank Latin American and Caribbean studies)

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

ISBN 10: 0821370928 / ISBN 13: 9780821370926

Published by World Bank Publications, 2007

About this Item

Informality: Exit and Exclusion (World Bank Latin American and Caribbean studies) This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. .

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Bibliographic Details

• Title: Informality: Exit and Exclusion (World Bank Latin American and Caribbean studies)
• Publisher: World Bank Publications
• Publication Date: 2007
• Language: English
• ISBN 10: 0821370928
• ISBN 13: 9780821370926
• Binding: Paperback
• Condition: Very Good

About this title

Synopsis

'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' will be of value to professionals and academics studying labor market, social protection, tax, microenterprise development, and urban public policies, and to those working in government, international organizations, research institutions, and universities.