Unlocking Public Entrepreneurship and Public Economies

entrepreneurship, urban public services, polycentricity

Regulation, governance and informality: an empirical analysis of selected countries

The Informal Economy provides employment to more than 60 per cent of the labour population in the developing world despite being a site unfettered by regulations and social norms of fairness governing pay and work conditions. In assessing the factors behind an informal agent’s decision to formalize, it is asserted that rigidity in regulatory mechanism is the primary cause that impedes the process of formalization. However whether flexible regulations can encourage formalization by making gains of formalization more accessible and certain remains a question. In this paper we argue that flexible regulations does not necessarily manifest into the incentives that are essential for formalization. Reducing rigidities in regulation has a significant pay off only in the ambit of good governance. More specifically we hypothesise that degree of intensity of regulation will hardly matter in containing informality; rather what matters is the quality of governance and capability of the institutions to put the regulations into effect. Using secondary data for 46 countries over the period between 1980 and 2008, we empirically investigate into the linkages between governance, regulation and informal employment by developing static and dynamic panel data models and establish that in curbing informality what turns out to be crucial is the interaction between quality of governance and regulation

Social Capital, Survival Strategies, and their Potential for Post-Conflict Governance in Liberia

institutions, conflict, community, society, reconstruction

From Local to Global and Informal to Formal: Entering Mainstream Markets

women, informal economy, cooperative, India, poverty, institutions

Voluntary Contributions to Informal Activities Producing Public Goods: Can these be Induced by Government and other Formal Sector Agents? Some Evidence from Indonesian Posyandus

voluntarism, Indonesia, health service provision, government intervention

A Macro Policy for Poverty Eradication through Structural Change

Bangladesh, cooperatives, institutions, land, micro-credit, women

Formal Bureaucracy and the Emergent Forms of the Informal Economy

social organization, development, bureaucracy, democracy

Pros and Cons of Linking Trade and Labor Standards

This paper addresses the debate over whether labor standards ought to be linked to trade policy, specifically by being included in the World Trade Organization and becoming subject to trade sanctions. We first try to put the debate into context by reviewing the issues and the events that have led to the current situation. We next turn to the arguments in favor of putting labor standards into the WTO, then address the arguments against doing so. Finally we offer our own advice to developing countries as to the position that they should take in this debate, and how more broadly they should deal with this and other issues in multilateral trade negotiations.Labor Standards