Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125289
Authors: 
Khamis, Melanie
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 67
Abstract: 
Informal firms make up a major share of the economy in most developing countries. Expanding formalization could increase government tax revenues, boost firm profits and national income, and increase employee well-being by improving access to social security and health and workers’ benefits. Reforms to encourage firms to register include simplifying procedures, reducing the cost and time to register, and making more information available on registration procedures. Reforms might not result in higher registration and formalization.In some cases, better enforcement and wider development policies might be needed as well.
Subjects: 
informal sector
registration process
information
simplification
cost reduction
JEL: 
O17
O20
Persistent Identifier of the first edition: 
Document Type: 
Article

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