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Informality in Latin America and the Caribbean (English)

This paper studies the causes and consequences of informality and applies the analysis to countries in Latin America and the Caribbean. It starts with a discussion on the definition and measures of informality, as well as on the reasons why widespread informality should be of great concern. The paper analyzes informality's main determinants, arguing that informality is not single-caused but results from the combination of poor public services, a burdensome...
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Citation

Loayza,Norman V.; Serven,Luis; Sugawara,Naotaka.

Informality in Latin America and the Caribbean (English). Policy Research working paper ; no. WPS 4888 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/532851468047799334

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