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Measuring the informal economy in Latin America and the Caribbean

By:

Vuletin, Guillermo

Material type: Text

TextPublication details: IMF [Washington]US 2008Description: 29 pAction note:

10/16/08 JOYD

Summary: Finds that a stringent tax system and regulatory environment, higher inflation and dominance of the agricultural sector are key factors in determining the size of the informal economy. Notes that results confirm that a higher degree of informality reduces labour unionization, the number of contributors to social security schemes, and enrolment rates in education.

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Finds that a stringent tax system and regulatory environment, higher inflation and dominance of the agricultural sector are key factors in determining the size of the informal economy. Notes that results confirm that a higher degree of informality reduces labour unionization, the number of contributors to social security schemes, and enrolment rates in education.

10/16/08 JOYD

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