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Conclusions and a future roadmap for the transition to formality

In: A Modern Guide to the Informal Economy

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Abstract

This concluding chapter to the Modern Guide to the Informal Economy synthesises the findings and draws out conclusions on the way forward for measuring, explaining, and tackling the informal economy. This reveals the need for more evidence-based evaluations of the extent, characteristics, and impacts of each of the different types of informal work, along with a need to shift away from simply seeking to eradicate the informal economy by increasing the penalties and risks of detection, and towards formalising the informal economy, and more evaluation of what works and what does not in different contexts across the full range of direct and indirect policy tools available.

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  • ., 2023. "Conclusions and a future roadmap for the transition to formality," Chapters, in: A Modern Guide to the Informal Economy, chapter 12, pages 282-303, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18668_12
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