Informality Revisited

23 Pages Posted: 20 Apr 2016

See all articles by William F. Maloney

William F. Maloney

World Bank - Poverty and Economic Management Unit; IZA Institute of Labor Economics; World Bank - Development Research Group (DECRG)

Date Written: January 21, 2003

Abstract

Maloney develops a view of the informal sector in developing countries primarily as an unregulated micro-entrepreneurial sector and not as a disadvantaged residual of segmented labor markets. Drawing on recent work from Latin America, he offers alternative explanations for many of the characteristics of the informal sector customarily regarded as evidence of its inferiority.

This paper - a product of the Office of the Regional Chief Economist, Latin America and the Caribbean Region - is part of a larger effort in the region to understand the impact of macroeconomic crises.

Suggested Citation

Maloney, William F., Informality Revisited (January 21, 2003). World Bank Policy Research Working Paper No. 2965. Available at SSRN: https://ssrn.com/abstract=636327

William F. Maloney (Contact Author)

World Bank - Poverty and Economic Management Unit ( email )

1818 H Street NW
Washington, DC 20433
United States
202-473-6340 (Phone)
202-522-0054 (Fax)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

World Bank - Development Research Group (DECRG)

1818 H. Street, N.W.
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Washington, DC 20433
United States

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