Granda-Carvajal, Catalina
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- Publicación |“… the costs of informality are higher: workers have limited social protection, businesses are less productive, and the state has reduced capacity to collect taxes and provide public goods. This leads to inefficient allocation of resources, which negatively impacts the country's economic growth.”
- Eventos |Abstract
One major characteristic of developing countries is the parallel existence of a set of unregulated market activities known as the unofficial, shadow or informal economy. Also, there is extensive evidence suggesting that fiscal policy in these…
