Informal Economy and the World Bank

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Benjamin, Nancy
dc.contributor.author
Beegle, Kathleen
dc.contributor.author
Recanatini, Francesca
dc.contributor.author
Santini, Massimiliano
dc.date.accessioned
2014-06-26T21:34:21Z
dc.date.available
2014-06-26T21:34:21Z
dc.date.issued
2014-05
dc.description.abstract
Many countries have expressed an interest in the size, performance and motivation of the informal sector, especially where the informal sector provides the livelihood and employment for a critical segment of the population. This essay reviews recent literature, methodologies, and relevant Bank studies as a way to share information with country teams interested in expanding their knowledge of the informal sector and related policy debates. Research in a number of regions points to four main areas where development policy can be improved by taking the informal sector into account. First, improvements should be made along a continuum; the heterogeneity among informal firms points to different policy approaches for different types of firms. Second, there should be public-private collaboration on mutual reforms. Many efforts to improve firm performance focus on elements of the production function (labor skills, credit) while treating government mainly as a cost (taxes, cost of compliance with regulations). Yet research reveals that many characteristics of the public regime strongly influence the decisions of firms regarding informality. Third, research indicates a strong relation between basic skills and labor outcomes, particularly in the informal sector, despite the sector's lower average returns. Research also indicates the benefits of targeted training programs. Business services programs have a decidedly mixed record, yet ongoing research is refining results on what works best. Fourth, informal trade is pervasive in developing countries and the networks developed in informal trade -- wholesalers, credit suppliers and money-changers, transporters -- are a strong presence in the informal sector. Yet these kinds of complex and nontransparent trading systems can be discouraging to foreign investors and can otherwise undermine trade policy and the international competitiveness of developing countries. The paper concludes with recommendations.
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/04/19553386/informal-economy-world-bank
dc.identifier.uri
http://hdl.handle.net/10986/18799
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 6888
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESS TO SERVICES
dc.subject
ACCOUNTING
dc.subject
ACTION PLAN
dc.subject
AGE GROUP
dc.subject
AGRICULTURE
dc.subject
BANKING SYSTEM
dc.subject
BARRIERS TO ENTRY
dc.subject
BILATERAL TRADE
dc.subject
BUSINESS CLIMATE
dc.subject
BUSINESS DEVELOPMENT
dc.subject
BUSINESS DEVELOPMENT SERVICES
dc.subject
BUSINESS ENTRY
dc.subject
BUSINESS ENVIRONMENT
dc.subject
BUSINESS REGISTRATION
dc.subject
BUSINESS REGULATIONS
dc.subject
BUSINESS SERVICE
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BUSINESS SERVICES
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BUYERS
dc.subject
CAPABILITY
dc.subject
CDS
dc.subject
CIVIL SERVICE
dc.subject
COMMERCE
dc.subject
COMMODITIES
dc.subject
COMPETITIVENESS
dc.subject
COMPETITORS
dc.subject
CONSUMER GOODS
dc.subject
CONSUMERS
dc.subject
CONTRACTUAL ARRANGEMENTS
dc.subject
CUSTOMER BASE
dc.subject
CUSTOMS
dc.subject
CUSTOMS DECLARATIONS
dc.subject
DAY LABORERS
dc.subject
DEBT
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT POLICY
dc.subject
DISADVANTAGED GROUPS
dc.subject
DISTRIBUTION NETWORK
dc.subject
DOMESTIC WORKERS
dc.subject
DRIVERS
dc.subject
ECONOMIC ACTIVITIES
dc.subject
ECONOMIC ACTIVITY
dc.subject
ECONOMIC COOPERATION
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC PROGRAMS
dc.subject
ECONOMIC SURVEYS
dc.subject
ELASTICITY
dc.subject
ELECTRICAL ENERGY
dc.subject
EMPLOYEE
dc.subject
EMPLOYMENT
dc.subject
EMPLOYMENT GROWTH
dc.subject
EMPLOYMENT PROSPECTS
dc.subject
EMPLOYMENT STATUS
dc.subject
ENTERPRISE SURVEY
dc.subject
ENTERPRISE SURVEYS
dc.subject
ENTREPRENEURS
dc.subject
ENTREPRENEURSHIP
dc.subject
ESTIMATED WAGE PREMIUM
dc.subject
EXPANSION
dc.subject
EXPORTS
dc.subject
FIRM ENTRY
dc.subject
FIRM LEVEL
dc.subject
FIRM PERFORMANCE
dc.subject
FIRM PRODUCTIVITY
dc.subject
FIRM SIZE
dc.subject
FIRM SURVEYS
dc.subject
FIRM-LEVEL ANALYSIS
dc.subject
FLOW OF GOODS
dc.subject
FLOW OF INFORMATION
dc.subject
FOREIGN TRADE
dc.subject
FORMAL SECTOR WAGE
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GLOBAL ECONOMY
dc.subject
GOVERNMENT REVENUES
dc.subject
GROWTH POTENTIAL
dc.subject
HOUSEHOLD ENTERPRISE
dc.subject
HOUSEHOLD ENTERPRISES
dc.subject
HOUSEHOLD SURVEYS
dc.subject
HUMAN CAPITAL
dc.subject
IMPORT QUOTAS
dc.subject
INCOME
dc.subject
INCOME LEVELS
dc.subject
INFORMAL ECONOMY
dc.subject
INFORMAL EMPLOYMENT
dc.subject
INFORMAL SECTOR
dc.subject
INFORMAL SECTOR WORKERS
dc.subject
INFORMATION GAP
dc.subject
INTERNATIONAL COMPETITIVENESS
dc.subject
JOB CREATION
dc.subject
JOBS
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LABOR MIGRATION
dc.subject
LABOR MOBILITY
dc.subject
LABOR ORGANIZATION
dc.subject
LABOR PRODUCTIVITY
dc.subject
LABOR REGULATIONS
dc.subject
LABOUR
dc.subject
LAWS
dc.subject
LDCS
dc.subject
LEGAL ENVIRONMENT
dc.subject
LEVEL PLAYING FIELD
dc.subject
LICENSE
dc.subject
LOCAL GOVERNMENT
dc.subject
MANUFACTURING
dc.subject
MARGINAL PRODUCTS
dc.subject
MARKET PLACES
dc.subject
MARKET RESEARCH
dc.subject
MICROENTERPRISES
dc.subject
MIDDLE INCOME COUNTRIES
dc.subject
NATIONAL ECONOMIES
dc.subject
NATIONAL ECONOMY
dc.subject
NETWORKS
dc.subject
NON-FARM EMPLOYMENT
dc.subject
ONE-STOP SHOP
dc.subject
OPEN ACCESS
dc.subject
PAYMENT OF TAXES
dc.subject
PENSIONS
dc.subject
PERFORMANCES
dc.subject
PRIMARY OBJECTIVE
dc.subject
PRIVATE FIRMS
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR DEVELOPMENT
dc.subject
PRIVATE SECTOR JOBS
dc.subject
PRIVATE SECTOR WAGE
dc.subject
PRODUCTION FUNCTION
dc.subject
PRODUCTIVE FIRMS
dc.subject
PRODUCTIVITY DIFFERENTIAL
dc.subject
PRODUCTIVITY GAP
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PROFIT MARGINS
dc.subject
PROFITABILITY
dc.subject
PROPERTY RIGHTS
dc.subject
PROTECTING WORKERS
dc.subject
PUBLIC AGENCIES
dc.subject
PUBLIC EMPLOYMENT
dc.subject
PUBLIC SECTOR EMPLOYMENT
dc.subject
PUBLIC SECTOR JOB
dc.subject
PUBLIC SERVICES
dc.subject
PUBLIC UTILITIES
dc.subject
REGISTRIES
dc.subject
REGULATORY BURDEN
dc.subject
REGULATORY ENVIRONMENT
dc.subject
REGULATORY FRAMEWORKS
dc.subject
RESULT
dc.subject
RESULTS
dc.subject
RETAIL TRADE
dc.subject
RURAL ­ URBAN MIGRATION
dc.subject
SALARIED WORKERS
dc.subject
SAVINGS
dc.subject
SCALE ENTERPRISES
dc.subject
SELF EMPLOYMENT
dc.subject
SHOP
dc.subject
SKILLED LABOR
dc.subject
SKILLS DEVELOPMENT
dc.subject
SMALL BUSINESSES
dc.subject
SMALL ENTERPRISES
dc.subject
SMALL FIRM
dc.subject
SMALL FIRMS
dc.subject
SME
dc.subject
SOCIAL SERVICES
dc.subject
SOCIOLOGISTS
dc.subject
STATE INTERVENTION
dc.subject
SUPPLIER
dc.subject
SUPPLIERS
dc.subject
SUPPLY CHAIN
dc.subject
SUPPLY NETWORKS
dc.subject
TARGETS
dc.subject
TAX CAPACITY
dc.subject
TAX COMPLIANCE
dc.subject
TAX REVENUES
dc.subject
TAXATION
dc.subject
TEMPORARY WORKERS
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TOTAL OUTPUT
dc.subject
TRADE FACILITATION
dc.subject
TRADE FLOWS
dc.subject
TRADE POLICIES
dc.subject
TRADE POLICY
dc.subject
TRAINING PROGRAM
dc.subject
TRAINING PROGRAMS
dc.subject
TRANSPORT
dc.subject
UNEMPLOYED
dc.subject
UNEMPLOYMENT
dc.subject
UNFAIR COMPETITION
dc.subject
UNPAID FAMILY WORKERS
dc.subject
URBANIZATION
dc.subject
USES
dc.subject
VALUE ADDED
dc.subject
VENDORS
dc.subject
VOCATIONAL TRAINING
dc.subject
WAGE EMPLOYMENT
dc.subject
WAGE PREMIUM
dc.subject
WEALTH
dc.subject
WEB
dc.subject
WORKER
dc.subject
WORKERS
dc.subject
WORKING CONDITIONS
dc.subject
WORKING POOR
dc.subject
YOUTH EMPLOYMENT
dc.title
Informal Economy and the World Bank
en
okr.crosscuttingsolutionarea
Jobs
okr.date.disclosure
2014-05-15
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2014/04/19553386/informal-economy-world-bank
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Social Protection and Labor
okr.globalpractice
Finance and Markets
okr.globalpractice
Transport and ICT
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-6888
okr.identifier.externaldocumentum
000158349_20140522153248
okr.identifier.internaldocumentum
19553386
okr.identifier.report
WPS6888
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/05/22/000158349_20140522153248/Rendered/PDF/WPS6888.pdf
en
okr.topic
Finance and Financial Sector Development :: Microfinance
okr.topic
Banks and Banking Reform
okr.topic
Economic Theory and Research
okr.topic
Social Protections and Labor :: Labor Markets
okr.topic
Private Sector Development :: E-Business
okr.topic
Macroeconomics and Economic Growth
okr.unit
Economic Policy and Debt Department., Poverty Reduction and Economic Management Network
okr.volume
1 of 1

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