In developing and transition economies as much as half the labor force works in the informal sector. Informal firms congest infrastructure and other public services but do not contribute to financing them. Informal workers are unprotected against such negative shocks as ill-health. Reducing...

In developing and transition economies as much as half the labor force works in the informal sector. Informal firms congest infrastructure and other public services but do not contribute to financing them. Informal workers are unprotected against such negative shocks as ill-health. Reducing...

The potential economic outcomes resulting from a flat rate of income tax have been the subject of an ongoing academic and political debate. Many observers have suggested that the introduction of a flat tax would be beneficial for a country’s economy, having a positive influence on the labor...

The potential economic outcomes resulting from a flat rate of income tax have been the subject of an ongoing academic and political debate. Many observers have suggested that the introduction of a flat tax would be beneficial for a country’s economy, having a positive influence on the...