Informality in the process of development and growth

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Informality is a term used to describe the collection of firms, workers, and activities that operate outside the legal and regulatory systems. It is widespread in the majority of developing countries--in a typical developing economy, the informal sector produces about 35 percent of gross domestic product and employs 70 percent of the labor force. This paper studies informality in the context of economic development by presenting a model and projections that link informality, regulations, migration, and economic growth.

Type: 
Time Series
Languages Supported: 
English
Topics: 
Economic Growth
Granularity: 
Geographical Coverage: 
East Asia & Pacific
Europe & Central Asia
Latin America & Caribbean
Middle East & North Africa
South Asia
Sub-Saharan Africa
Economy Coverage: 
Blend
High Income
IBRD
IDA
Low Income
Lower Middle Income
Upper Middle Income
Number of Economies: 
106
Periodicity: 
Annual
Temporal Coverage: 
1990 - 2016
Release Date: 
October 6, 2016

Last Updated

Last Updated: 
October 6, 2016

Update Frequency

Update Frequency: 
No further updates planned
Access Options:
Download
Source Type: 
Time Periods: 
April, 2017

No Visualizations Available.

Norman Loayza and Claudia Meza-Cuadra, A Toolkit for Informality Scenario Analysis, World Bank Group

Informality is a term used to describe the collection of firms, workers, and activities that operate outside the legal and regulatory systems. It is widespread in the majority of developing countries--in a typical developing economy, the informal sector produces about 35 percent of gross domestic product and employs 70 percent of the labor force. This paper studies informality in the context of economic development by presenting a model and projections that link informality, regulations, migration, and economic growth.

FieldValue
Groups audience
Modified Date
2019-06-24
Release Date
Periodicity
Annual
Identifier
5fa01622-6ef3-47d4-94c4-ea6e5a9bf83a
Temporal Coverage

1990 - 2016

License
License Not Specified
Rating: 
0
No votes yet
Type: 
Languages Supported: 
Time Periods: 
April, 2017
Terms of Use: 
Number of Economies: 
106
Update Frequency: 
Data Classification of a Dataset: 
Source Type: 
Start Date: 
Monday, January 1, 1990
End Date: 
Saturday, December 31, 2016
DEC
Release Date: 
Thursday, October 6, 2016
Last Updated Date: 
Thursday, October 6, 2016
Granularity: 
Citation Text: 
Norman Loayza and Claudia Meza-Cuadra, A Toolkit for Informality Scenario Analysis, World Bank Group
Modified date: 
17079
Primary Dataset: 
Yes

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