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Informality : exit and exclusion (English)

Informality: exit and exclusion analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. The authors use two distinct but complementary lenses: informality driven by exclusion from state benefits or the circuits of the modern economy, and driven by voluntary 'exit' decisions resulting from private cost-benefit calculations that lead workers and firms to opt out of formal institutions. They find both...
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Arias Diaz,Omar S.; Bosch Mossi,Mariano; Fajnzylber,Pablo; Maloney,William F.; Mason,Andrew D.; Perry, Guillermo E.; Saavedra,Jaime.

Informality : exit and exclusion (English). World Bank Latin American and Caribbean studies Washington, DC: World Bank. http://documents.worldbank.org/curated/en/326611468163756420

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