Artikel

Informal employment in emerging and transition economies

In developing and transition economies as much as half the labor force works in the informal sector (or "shadow economy"). Informal firms congest infrastructure and other public services but do not contribute the taxes needed to finance them. Informal workers are unprotected against such negative shocks as ill-health, but for certain groups there can be scarce opportunities to enter the formal sector meaning informal employment is the only feasible option. Reducing informality requires better enforcement, more reasonable regulation, and economic growth.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2022 ; Bonn: Institute of Labor Economics (IZA)

Classification
Wirtschaft
Informal Labor Markets
Subject
informality
shadow economy
mobility
exclusion

Event
Geistige Schöpfung
(who)
Slonimczyk, Fabián
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2022

DOI
doi:10.15185/izawol.59.v2
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Slonimczyk, Fabián
  • Institute of Labor Economics (IZA)

Time of origin

  • 2022

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