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The Impact Of Regulation On Growth And Informality : Cross-Country Evidence, Vol. 1 Of 1 / Loayza, Norman V.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Loayza, Norman V.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Burden Of Regulation.
- Corruption.
- Economic Growth.
- Governance.
- Governance Indicators.
- Governance Quality.
- Growth.
- Impact Of Regulation.
- Institutional Framework.
- Institutions.
- Legal Framework.
- Macroeconomic Performance.
- Markets.
- National Governance.
- Participation.
- Public Sector Regulation.
- Regulation Policy.
- Regulations.
- Regulatory Burden.
- Regulatory Environment.
- Regulatory Framework.
- Regulatory Regimes.
- Safety.
- Social Welfare.
- Local Subjects:
- Burden Of Regulation.
- Corruption.
- Economic Growth.
- Governance.
- Governance Indicators.
- Governance Quality.
- Growth.
- Impact Of Regulation.
- Institutional Framework.
- Institutions.
- Legal Framework.
- Macroeconomic Performance.
- Markets.
- National Governance.
- Participation.
- Public Sector Regulation.
- Regulation Policy.
- Regulations.
- Regulatory Burden.
- Regulatory Environment.
- Regulatory Framework.
- Regulatory Regimes.
- Safety.
- Social Welfare.
- Physical Description:
- 1 online resource (22 pages)
- Other Title:
- Impact Of Regulation On Growth And Informality
- Place of Publication:
- Washington, D.C., The World Bank, 2005
- System Details:
- data file
- Summary:
- The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves.
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