Artikel

Do economic reforms hurt or help the informal labor market?

The evidence is mixed on whether informal labor in developing countries benefits from trade and labor market reforms. Reforms lead to higher wages and improved employment conditions in the informal sector in some cases, and to the opposite effect in others. At a cross-country level, lifting trade protection boosts informal-sector employment. The direction and size of the impacts on informal-sector employment and wages are determined by capital mobility and the interactions between trade and labor market reforms and public policies, such as monitoring the formal sector. To guarantee best practice policymakers need to take these interdependencies into account.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2016 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Labor Demand
Wage Level and Structure; Wage Differentials
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Thema
economic reforms
informal labor
governance

Ereignis
Geistige Schöpfung
(wer)
Kar, Saibal
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016

DOI
doi:10.15185/izawol.263
Handle
Letzte Aktualisierung
12.07.2024, 13:24 MESZ

Objekttyp

  • Artikel

Beteiligte

  • Kar, Saibal
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2016

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