taking away their market share, undermine economic progress. According to the dual view, informal firms are highly … customers, market their products, and use more external finance. Hardly any formal firms had ever operated informally. This … evidence is inconsistent with the romantic and parasite views, but supports the dual view. In this "Walmart" theory of economic …

the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal … regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal …

productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of …

taking away their market share, undermine economic progress. According to the dual view, informal firms are highly … customers, market their products, and use more external finance. Hardly any formal firms had ever operated informally. This … evidence is inconsistent with the romantic and parasite views, but supports the dual view. In this quot;Walmartquot; theory of …

taking away their market share, undermine economic progress. According to the dual view, informal firms are highly …, market their products, and use more external finance. Hardly any formal firms had ever operated informally. This evidence is … inconsistent with the romantic and parasite views, but supports the dual view. In this "Walmart" theory of economic development …

the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal … regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal …

productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of …