{"product_id":"hidden-potential-rethinking-informality-in-south-asia-paperback","title":"Hidden Potential: Rethinking Informality in South Asia - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eMaurizio Bussolo\u003c\/b\u003e (Author), \u003cb\u003eSiddharth Sharma\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e Informality remains widespread in South Asia despite decades of economic growth. The\u003c\/p\u003e\u003cp\u003e low earnings and high vulnerability in the informal sector make this a major development\u003c\/p\u003e\u003cp\u003e issue for the region. Yet, there is no consensus on its causes and consequences, with the\u003c\/p\u003e\u003cp\u003e debate polarized between a view that informality is a problem of regulatory evasion and\u003c\/p\u003e\u003cp\u003e should be eradicated, and another that equates informality with economic exclusion.\u003c\/p\u003e\u003cp\u003e Recent advances in analyzing informality as the outcome of firm dynamics in distorted\u003c\/p\u003e\u003cp\u003e economic environments can help reconcile them. Building on these advances, the\u003c\/p\u003e\u003cp\u003e approach adopted in this volume clarifies that there are different types of informality, \u003c\/p\u003e\u003cp\u003e with different drivers and consequences.\u003c\/p\u003e\u003cp\u003e The report has four main messages that underscore the need for a multipronged strategy.\u003c\/p\u003e\u003cp\u003e First, informality in South Asia is dominated by firms that happen to be outside the\u003c\/p\u003e\u003cp\u003e purview of regulations because they are small, as opposed to those that remain small\u003c\/p\u003e\u003cp\u003e to escape regulations. Second, reforms of business regulations tend to have small direct\u003c\/p\u003e\u003cp\u003e effects on the informal sector, although they could have sizable indirect impacts on it if\u003c\/p\u003e\u003cp\u003e they succeed in removing major inefficiencies in the broader economy. Third, e-commerce\u003c\/p\u003e\u003cp\u003e platforms offer new opportunities to informal firms and workers, but many of them lack\u003c\/p\u003e\u003cp\u003e complementary skills or credit to benefit from such technologies. Fourth, a combination\u003c\/p\u003e\u003cp\u003e of contributory and non-contributory programs recognizing the heterogenous saving capacities of informal workers may be\u003c\/p\u003e\u003cp\u003e necessary to achieve more universal coverage of social insurance. \u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eThe World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 354\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.91 x 10 x 7 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e January 24, 2023\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":45680724574252,"sku":"9781464818349","price":50.63,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0728\/0954\/5772\/files\/kzSBUaM57u9781464818349.webp?v=1781838815","url":"https:\/\/smartsupplydeals.com\/products\/hidden-potential-rethinking-informality-in-south-asia-paperback","provider":"Smart supply deals","version":"1.0","type":"link"}