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It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whitening”) with the help of a model. It turns out...
Persistent link: https://www.econbiz.de/10010494381
In the last 20 years, Vietnam has been one of the fastest growing economies in Asia. But the coverage of social insurance is still low. Only around one in five workers is covered by the public social insurance scheme. Expanding the coverage of social insurance for informal sector workers and the...
Persistent link: https://www.econbiz.de/10011918487
Is the lack of "managerial capital", alongside human and financial capital, a constraint on the growth of firms in developing countries? The evidence on this is still mixed, especially among small and medium enterprises. This paper uses a panel of Vietnamese small and medium enterprises to...
Persistent link: https://www.econbiz.de/10011943876
Over the past decade or so, there has been widespread recognition that a large and growing proportion of the global workforce is employed in informal sector enterprises. To explain this, neo-liberals contend that enterprises operate in the informal sector due to high taxes, public sector...
Persistent link: https://www.econbiz.de/10011656425
The informal sector is an integral part of several sub-Saharan African (SSA) countries and plays a key role in the economic growth of these countries. This article used a comparative systematic review to explore the factors that act as drivers to informality in South Africa (SA) and Nigeria, the...
Persistent link: https://www.econbiz.de/10012620443
Peru in the post-liberalization phase in the early 1990s supports the skilled-biased technological change hypothesis. The …
Persistent link: https://www.econbiz.de/10010397437
This paper focusses on the reasons of the poor performance of domestic resource mobilization in Peru. It begins with an …
Persistent link: https://www.econbiz.de/10010275545
This book challenges conventional wisdoms both about economic performance and about policies for economic development in African countries. Its starting point is the striking variation in economic performance: unevenness and inequalities form a central fact. The authors highlight not only...
Persistent link: https://www.econbiz.de/10014279352
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10010318954
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983