How to encourage enterprise formalization : some practical hints for policymakers in Africa (English)

This policy note takes as its starting point the common view that there are benefits and costs to formal status and that formalization will occur only if entrepreneurs perceive it to be in their self-interest. No doubt part of the answer lies in reducing the costs and time required for compliance -- as the World Bank's Doing Business project has documented. But lowering barriers to entry is unlikely to be sufficient. Encouraging formalization requires...

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Author

Kenyon,Thomas;
Document Date
2007/06/01
Document Type
Working Paper
Report Number
40762
Volume No
1
Total Volume(s)
1
Country
Africa,
Region
Africa,
Disclosure Date
2011/01/05
Disclosure Status
Disclosed
Doc Name
How to encourage enterprise formalization : some practical hints for policymakers in Africa
Keywords
entrepreneur

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Citation

Kenyon,Thomas.

How to encourage enterprise formalization : some practical hints for policymakers in Africa (English). FIAS Policy Note Washington, DC: World Bank. http://documents.worldbank.org/curated/en/409121468203048558

How to encourage enterprise formalization : some practical hints for policymakers in Africa (English)

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