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Developing countries have long been struggling to fight informality, focusing on instruments such as labor legislation …’s schooling and skill level may be more effective in reducing informality in the long term. Higher-skilled workers are typically … informality. …
Persistent link: https://www.econbiz.de/10011745354
links between inequality and informality because badly designed informality-reducing policies may increase inequality …Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … opportunities for low-skilled and deprived people. Despite this positive feedback, informality raises problems for public finances …
Persistent link: https://www.econbiz.de/10011662644
. Policymakers should consider the links between inequality and informality because badly designed informality-reducing policies may …Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … distribution by providing sources of income for unemployed and marginalized workers. Despite this positive feedback, informality …
Persistent link: https://www.econbiz.de/10013266248
groups has increased due to growth in labor income; however, inequality between households has increased. …
Persistent link: https://www.econbiz.de/10011820341
developing countries advance their development objectives, even where enforcement capacity is weak and informality is pervasive. …
Persistent link: https://www.econbiz.de/10011404882
developing countries advance their development objectives, even where enforcement capacity is weak and informality is pervasive. …
Persistent link: https://www.econbiz.de/10010764637
Knowing whether corruption leads to higher emigration rates—and among which groups—is important because most labor emigration is from developing to developed countries. If corruption leads highly-skilled and highly-educated workers to leave developing countries, it can result in a shortage...
Persistent link: https://www.econbiz.de/10011405028
Do minimum wage policies reduce poverty in developing countries? It depends. Raising the minimum wage could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers—a minority of workers in most developing countries—many of whom do...
Persistent link: https://www.econbiz.de/10011404857
The evidence is mixed on whether informal labor in developing countries benefits from trade and labor market reforms. Reforms lead to higher wages and improved employment conditions in the informal sector in some cases, and to the opposite effect in others. At a cross-country level, lifting...
Persistent link: https://www.econbiz.de/10011573653
Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers—a minority in most developing countries—many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011984679