The aim of this paper is to evaluate the varying level of employment in informal sector enterprises across the globe and to undertake an exploratory analysis of the wider economic and social conditions associated with greater levels of informalization. Examining International Labor Organization...

The relationship between shadow economy (or informal economy) and development has been extensively researched. But there is a lack of consensus on how institutional quality affects the size of informal economy in any country. Using the Kuznets Curve hypothesis we assess the relationship between...

Purpose - The purpose of this paper is to compare the three largest economies in Latin America (Brazil, Mexico and Argentina) with other economies that have another type of capitalism, in that way we can extract some effects of the hierarchical capitalism in Latin America...