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What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm-level costs and benefits but also in terms of...
Persistent link: https://www.econbiz.de/10012552685
What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm-level costs and benefits but also in terms of...
Persistent link: https://www.econbiz.de/10012747737
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This paper discusses the IMF's New Facilities for Structural Adjustment (SAF) for helping the poor. The first arrangement supported by the SAF was approved by the IMF's Executive Board in August 1986. By the end of February 1992, 35 countries had already used resources under SAF arrangements and...
Persistent link: https://www.econbiz.de/10014397515
Biographical note: Justin Yifu Lin is founding director and professor at the China Centre for Economic Research at Peking University. From 2008 to 2012, he served as chief economist and senior vice president of the World Bank. His many books include "Demystifying the Chinese Economy" and...
Persistent link: https://www.econbiz.de/10014482148