Publication:
The Long Shadow of Informality: Challenges and Policies

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dc.contributor.editorOhnsorge, Franziska
dc.contributor.editorYu, Shu
dc.contributor.otherCapasso, Salvatore
dc.contributor.otherElgin, Ceyhun
dc.contributor.otherKasyanenko, Sergiy
dc.contributor.otherKindberg-Hanlon, Gene
dc.contributor.otherKoh, Wee Chian
dc.contributor.otherKose, M. Ayhan
dc.contributor.otherOkawa, Yoki
dc.contributor.otherOkou, Cedric
dc.contributor.otherTaskin, Temel
dc.contributor.otherVashakmadze, Ekaterine T.
dc.contributor.otherVorisek, Dana
dc.contributor.otherYe, Sandy Lei
dc.date.accessioned2021-06-21T18:35:12Z
dc.date.available2021-06-21T18:35:12Z
dc.date.issued2022-03-08
dc.description.abstractA large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging markets and developing economies. Widespread informality may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic—unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes—including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.en
dc.identifier.doi10.1596/978-1-4648-1753-3
dc.identifier.isbn978-1-4648-1753-3
dc.identifier.urihttps://hdl.handle.net/10986/35782
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectINFORMAL SECTOR
dc.subjectINFORMALITY
dc.subjectSOCIAL PROTECTION
dc.subjectBUSINESS CYCLE
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectCYCLICALITY
dc.subjectSUSTAINABLE DEVELOPMENT GOALS
dc.subjectHUMAN DEVELOPMENT
dc.subjectFISCAL POLICY
dc.subjectPOVERTY
dc.subjectINEQUALITY
dc.subjectEMPLOYMENT
dc.subjectLABOR MARKET
dc.subjectECONOMIC RECESSION
dc.subjectLABOR PRODUCTIVITY
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectACCESS TO FINANCE
dc.subjectTAXATION
dc.titleThe Long Shadow of Informalityen
dc.title.subtitleChallenges and Policiesen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2022-03-08
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Social Protection Study
okr.docurlhttp://documents.worldbank.org/curated/en/416941623441535708/The-Long-Shadow-of-Informality-Challenges-and-Policies
okr.guid416941623441535708
okr.identifier.doi10.1596/978-1-4648-1753-3
okr.identifier.report160311
okr.importedtrueen
okr.language.supporteden
okr.topicPoverty Reduction::Inequality
okr.topicPrivate Sector Development::Enterprise Development & Reform
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicSocial Protections and Labor::Labor Markets
okr.topicPublic Sector Development::Regulatory Regimes
okr.unitEFI - Prospects Group (EPGDR)
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