Show simple item record

dc.contributor.authorFernandez, Cristina
dc.contributor.authorVillar, Leonardo
dc.coverage.spatialColombiaen
dc.date.accessioned2016-07-07T09:30:51Z
dc.date.available2016-07-07T09:30:51Z
dc.date.issued2016-07-07
dc.identifier.isbn978 1 78118 313 7
dc.identifier.urihttps://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/12078
dc.description.abstractThe purpose of this research is to understand the impact of informality on inclusive growth in Latin America, and particularly in Colombia. The relationship between informality and inclusive growth is represented by two different hypotheses. According to the traditional perspective, informality constrains inclusive growth by restricting growth of the formal sector, draining resources from the public treasury and supplying low quality jobs that are unable to provide adequate conditions for a better standard of living. However, from another point of view, informality provides a default alternative to unemployment, particularly amongst poorly educated individuals; a perspective that is rarely taken into account in Latin America. Drawing on the case study of Colombia as well as a review of literature on Latin America, one of the main conclusions of this paper is that both hypotheses hold, yet their relevance depends on labour market restrictions and the socio-economic characteristics of informal workers since the informal sector in Latin America demonstrates considerable heterogeneity.en
dc.language.isoenen
dc.publisherInstitute of Development Studiesen
dc.relation.ispartofseriesIDS Working Paper;469
dc.rightsThis is an Open Access paper distributed under the terms of the Creative Commons Attribution Non Commercial 4.0 International licence, which permits downloading and sharing provided the original authors and source are credited – but the work is not used for commercial purposes. http://creativecommons.org/licenses/by-nc/4.0/legalcodeen
dc.rights.urihttp://www.ids.ac.uk/files/dmfile/IDSOpenDocsStandardTermsOfUse.pdfen
dc.subjectDevelopment Policyen
dc.titleInformality and Inclusive Growth in Latin America: The Case of Colombiaen
dc.typeIDS Working Paperen
dc.rights.holderInstitute of Development Studiesen
dc.identifier.teamBusiness, Markets and the Stateen


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record