Who Fears Competition From Informal Firms Evidence From Latin America

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Who Fears Competition from Informal Firms? Evidence from Latin America

Author : Francesca Lamanna
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4./5 ( download)

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Book Synopsis Who Fears Competition from Informal Firms? Evidence from Latin America by : Francesca Lamanna

Download or read book Who Fears Competition from Informal Firms? Evidence from Latin America written by Francesca Lamanna and published by World Bank Publications. This book was released on 2012 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms.

Who Fears Competition from Informal Firms? Evidence from Latin America

Author : Francesca Lamanna
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Who Fears Competition from Informal Firms? Evidence from Latin America by : Francesca Lamanna

Download or read book Who Fears Competition from Informal Firms? Evidence from Latin America written by Francesca Lamanna and published by . This book was released on 2016 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms.

Who Fears Competition from Informal Firms? Evidence from Latin America

Author : Francesca Lamanna
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!

Book Synopsis Who Fears Competition from Informal Firms? Evidence from Latin America by : Francesca Lamanna

Download or read book Who Fears Competition from Informal Firms? Evidence from Latin America written by Francesca Lamanna and published by World Bank Publications. This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms.

The Informal Economy

Author : Ioana Horodnic
Publisher : Routledge
ISBN 13 : 1351655329
Total Pages : 268 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis The Informal Economy by : Ioana Horodnic

Download or read book The Informal Economy written by Ioana Horodnic and published by Routledge. This book was released on 2017-09-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress". In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too, informality is currently still estimated to account for notable per cent of GDP. The Informal Economy: Exploring Drivers and Practices intends to engage with these issues, providing a much-need ‘contextualised’ approach to explain the persistence and growth of forms of informal economic practices and entrepreneurial activities in the twenty-first century. Using a diverse range of empirical case studies from Europe, Africa, North Africa and Asia, this book unpacks the different varieties of forms of informal work and entrepreneurship and provides a critical analysis of existing theorisations used to explain such phenomena. This book’s aim is to examine the nature and persistence of informal work and entrepreneurship, across a variety of empirical settings, from within the developed world, the developing world and within transformation economies within post-socialist spaces. Given its worldwide, interdisciplinary and multidisciplinary approach and recent interest in the informal economies by a number of disciplines and organisations, this book will be of vital reading to those operating in the fields of: Economics, political economy and management, Human and economic geography and Economic anthropology and sociology as well as development studies

Global Networks and Innovation in China

Author : Tian Wei
Publisher : Routledge
ISBN 13 : 1000404579
Total Pages : 130 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Global Networks and Innovation in China by : Tian Wei

Download or read book Global Networks and Innovation in China written by Tian Wei and published by Routledge. This book was released on 2021-07-19 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: After almost twenty years of internationalization, Chinese firms have shown their growing innovation capability through benefiting from global networks and domestic efforts. However, how Chinese firm innovation is facilitated at the international and domestic levels remains to be understood. This book investigates innovation in China from three aspects. First, starting at the international level, the effects of Chinese–foreign linkages in innovation are examined from the relationship view and the foreign ownership perspective. Second, before moving to the domestic level, the moderating role of global networks (e.g., global supply chain collaboration) is examined to understand the relationship between competition of unregistered firms and innovation of registered firms. Third, at the domestic level, innovation is studied from both upstream and downstream of the value chain: consumers’ decision-making in innovative products and strategic choices, and environment constraints for product innovation. Collectively, this book actively investigates innovation in China at international and domestic levels. It investigates how the global networks contribute to innovation in China and how domestic Chinese firms strengthen their innovation capability. The volume, thus, makes an important attempt to extend existing knowledge on this subject and provides new insights to scholars and practitioners. The chapters in this book were originally published as a special issue of International Studies of Management & Organization.

Competition Law in Developing Countries

Author : Thomas K. Cheng
Publisher : Oxford University Press, USA
ISBN 13 : 0198862695
Total Pages : 609 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Competition Law in Developing Countries by : Thomas K. Cheng

Download or read book Competition Law in Developing Countries written by Thomas K. Cheng and published by Oxford University Press, USA. This book was released on 2020-05-28 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together perspectives of development economics and law to tackle the relationship between competition law enforcement and economic development. It addresses the question of whether, and how, competition law enforcement helps to promote economic growth and development. This question is highly pertinent for developing countries largely because many developing countries have only adopted competition law in recent years: about thirty jurisdictions had in place a competition law in the early 1980s, and there are now more than 130 competition law regimes across the world, of which many are developing countries. The book proposes a customized approach to competition law enforcement for developing countries, set against the background of the academic and policy debate concerning convergence of competition law. The implicit premise of convergence is that there may exist one, or a few, correct approaches to competition law enforcement, which in most cases emanate from developed jurisdictions, that are applicable to all. This book rejects this assumption and argues that developing countries ought to tailor competition law enforcement to their own economic and political circumstances. In particular, it suggests how competition law enforcement can better incorporate development concerns without causing undue dilution of its traditional focus on protecting consumer welfare. It proposes ways in which approaches to competition law enforcement need to be adjusted to reflect the special economic characteristics of developing country economies and the more limited enforcement capacity of developing country competition authorities. Finally, it also addresses the long-running debate concerning the desirability and viability of industrial policy for developing countries. The author would like to acknowledge the Research Grants Council of Hong Kong for its generous support. The work in this book was fully supported by a grant from the Research Grants Council of Hong Kong (Project No. HKU 742412H).

The Informal Economy in Global Perspective

Author : Abel Polese
Publisher : Springer
ISBN 13 : 331940931X
Total Pages : 340 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis The Informal Economy in Global Perspective by : Abel Polese

Download or read book The Informal Economy in Global Perspective written by Abel Polese and published by Springer. This book was released on 2017-04-18 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically engages with how formal and informal mechanisms of governance are used across the world. Specifically, it analyzes how the governance mechanisms of formal institutions are questioned, challenged and renegotiated through informal institutions. Whilst there is an emerging body of scholarship focusing on informal practices, this is scattered across a number of disciplines. This edited collection, by contrast, fosters a dialogue on these issues, moving away from monodisciplinary and normative methodologies that view informal institutions and practices simply as temporary economic phenomena. In doing so, the authors provide a wider understanding of how governance is composed of both the formal and the informal, which complement each other but are also constantly in competition. This novel approach will appeal to social scientists, economists, policy-makers, practitioners, and anyone else willing to widen their understanding of how governance works.

Formalizing the Shadow Economy in Serbia

Author : Gorana Krstić
Publisher : Springer
ISBN 13 : 331913437X
Total Pages : 182 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Formalizing the Shadow Economy in Serbia by : Gorana Krstić

Download or read book Formalizing the Shadow Economy in Serbia written by Gorana Krstić and published by Springer. This book was released on 2015-04-21 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and development of the shadow economy in Serbia and other Central and Eastern European countries are estimated using two different methods (the MIMIC method and household-tax-compliance method). Micro-estimates are based on a special survey of business entities in Serbia, which for the first time allows us to explore the shadow economy from the perspective of enterprises and entrepreneurs. The authors identify the types of shadow economy at work in business entities, the determinants of shadow economy participation, and the impact of competition from the informal sector on businesses. Readers will learn both about the potential fiscal effects of reducing the shadow economy to the levels observed in more developed countries and the effects that formalization of the shadow economy can have on economic growth.

The Oxford Handbook of the African Sahel

Author : Leonardo A. Villalón
Publisher : Oxford University Press
ISBN 13 : 0192548913
Total Pages : 816 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis The Oxford Handbook of the African Sahel by : Leonardo A. Villalón

Download or read book The Oxford Handbook of the African Sahel written by Leonardo A. Villalón and published by Oxford University Press. This book was released on 2021-10-15 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long on the margins of both scholarly and policy concerns, the countries of the West African Sahel have recently attracted world attention, primarily as a key battleground in the global 'war on terror'. This book moves beyond this narrow focus, providing a multidimensional and interdisciplinary assessment of the region in all of its complexity. The focus is on the six countries at the heart of the Sahelian geographic space: Senegal, Mauritania, Mali, Burkina Faso, Niger, and Chad. Collectively, the chapters explore the commonalities and interconnections that link these countries and their fates, while also underscoring their diversity and the variations in their current realities. The Sahel today is at an important crossroads, under multiple pressures of diverse kinds: environmental, political, demographic, and economic, as well as rapidly changing social and religious dynamics. It is also marked by striking dynamism and experimentation, drawing on a long history of innovation and cultural transfer. In many ways the Sahel is today on the cutting edge of grand natural experiments exploring how humans will adapt to climate change, to technological innovation, to the global movement of populations and the restructuring of world politics, to urbanization, social change, and rapid demographic growth, and to inter-religious contact. The region is a weathervane on the front lines of the forces of global change. In nine thematic sections, the chapters in this book offer holistic analyses of the key forces shaping the region. Including scholars based in Africa, Europe, and the United States, the authors represent an exceptional breadth and depth of expertise on the Sahel.

The Effectiveness of Innovation Policy and the Moderating Role of Market Competition

Author : José Miguel Benavente H.
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (125 download)

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Book Synopsis The Effectiveness of Innovation Policy and the Moderating Role of Market Competition by : José Miguel Benavente H.

Download or read book The Effectiveness of Innovation Policy and the Moderating Role of Market Competition written by José Miguel Benavente H. and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Does the Investment Climate Matter?

Author : Pablo Fajnzylber
Publisher : World Bank Publications
ISBN 13 : 0821374125
Total Pages : 346 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Does the Investment Climate Matter? by : Pablo Fajnzylber

Download or read book Does the Investment Climate Matter? written by Pablo Fajnzylber and published by World Bank Publications. This book was released on 2008-11-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic stability with an increased emphasis on microeconomic reforms. By providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book discusses policies that could have a significant impact on firm productivity by improving the environment in which firms invest and operate.

Informality

Author : Guillermo Perry
Publisher : World Bank Publications
ISBN 13 : 0821370936
Total Pages : 270 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Informality by : Guillermo Perry

Download or read book Informality written by Guillermo Perry and published by World Bank Publications. This book was released on 2007 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.

Index to International Statistics

Author :
Publisher :
ISBN 13 :
Total Pages : 1136 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Index to International Statistics by :

Download or read book Index to International Statistics written by and published by . This book was released on 2008 with total page 1136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How Does Market Competition Affect Firm Innovation Incentives in Emerging Countries?

Author : José Miguel Benavente H.
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (125 download)

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Book Synopsis How Does Market Competition Affect Firm Innovation Incentives in Emerging Countries? by : José Miguel Benavente H.

Download or read book How Does Market Competition Affect Firm Innovation Incentives in Emerging Countries? written by José Miguel Benavente H. and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Latin American Entrepreneurs

Author : Daniel Lederman
Publisher : World Bank Publications
ISBN 13 : 146480012X
Total Pages : 172 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Latin American Entrepreneurs by : Daniel Lederman

Download or read book Latin American Entrepreneurs written by Daniel Lederman and published by World Bank Publications. This book was released on 2014 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship -- manifested in the entry of new firms or products into new markets, or substantial improvements in technological capacity or process innovation by incumbent firms -- is widely considered to be an important ingredient for long term economic development. This report argues that entrepreneurship is also a source of employment generation, export growth, and resilience during economic downturns. Although the conventional wisdom suggests that Latin American and Caribbean countries underperform relative to China and other emerging markets in terms of its entrepreneurial dynamism, t.

The Long Shadow of Informality

Author : Franziska Ohnsorge
Publisher : World Bank Publications
ISBN 13 : 1464817545
Total Pages : 397 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Long Shadow of Informality by : Franziska Ohnsorge

Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Global Economic Prospects, January 2019

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464813868
Total Pages : 470 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2019 by : World Bank Group

Download or read book Global Economic Prospects, January 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-02-12 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality,