Publication:
Entry Regulation and the Formalization of Microenterprises in Developing Countries

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dc.contributor.authorMcKenzie, David
dc.contributor.authorBruhn, Miriam
dc.date.accessioned2016-05-03T19:25:20Z
dc.date.available2016-05-03T19:25:20Z
dc.date.issued2014-08-05
dc.description.abstractThe majority of microenterprises in most developing countries remain informal despite more than a decade of reforms aimed at making it easier and cheaper for them to formalize. This paper summarizes the evidence on the effects of entry reforms and related policy actions to promote firm formalization. Most of these policies result in only a modest increase in the number of formal firms, if there is any increase at all. Most informal firms appear to not benefit on net from formalizing. As a consequence, ease of formalization along will not induce most of them to become formal. Increased enforcement of rules can increase formality. Although there is a fiscal benefit of doing this with larger informal firms, it is unclear whether there is a public rationale for attempting to formalize subsistence enterprises.en
dc.identifier.citationWorld Bank Research Observer
dc.identifier.doi10.1596/24188
dc.identifier.issn1564-6971
dc.identifier.urihttps://hdl.handle.net/10986/24188
dc.language.isoen_US
dc.publisherOxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Research Observer
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectcorporations
dc.subjectemployment
dc.subjectentrepreneurs
dc.subjectentrepreneuership
dc.subjectfirms
dc.subjectmarket entry
dc.subjectmicroenterprises
dc.subjectbusiness regulation
dc.subjectregulatory burden
dc.subjectregulatory reform
dc.subjectsmall business
dc.subjectSME
dc.subjecttaxation
dc.titleEntry Regulation and the Formalization of Microenterprises in Developing Countriesen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/15866 Working paper version (pre-print)
okr.date.disclosure2016-02-05
okr.date.doiregistration2025-05-06T11:14:57.927080Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.identifier.doi10.1093/wbro/lku002
okr.journal.nbpages186-201
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Business Environment
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.volume29(2)
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relation.isAuthorOfPublication.latestForDiscovery148d6d6d-76e5-5d6f-9af9-98313e30551f
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