This publication examines the informal economy in Latin America, exploring root causes and reasons for and implications of its growth, from a variety of perspectives ranging from a concern with the protection of workers and the productivity of firms to the determinants of tax evasion. It argues that overcoming this ""culture of informality"" will require actions to increase aggregate productivity in the economy, reform poorly designed regulations and social policies, and increase the legitimacy of the state by improving the quality and fairness of state institutions and governance.
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Seller: Diatrope Books, Berkeley, CA, U.S.A.
Paperback. Condition: Very Good. *Flash Sale* 20% OFF* Unmarked text. Authored by Guillermo E. Perry. William F. Maloney, Omar S. Arias, Pablo Fajnzylber, Andrew D. Mason, Jaime Saavedra-Chanduvi. Charts and Tables Throughout. This book 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. Bibliography. 248p. Measures 8.5x11 inches. Seller Inventory # 32161