This book presents qualitative and quantitative analyses on Bolivia's informal sector, the reasons why firms are informal, and the impact of normalization on their profitability. The analysis finds that the impact of tax registration on profitability depends on firm size and the ability to issue...

This note draws from an emerging literature on firm informality as well as data collected on micro enterprises and informal firms as part of the World Bank's enterprise survey initiative for Kenya. The purpose of the note is to assess the main constraints facing informal firms, identify patterns...

Bolivia's informal sector is the largest in Latin America, by many definitions and measures. Bolivia's high informality rate has been blamed on many factors including the burden of regulation, the weakness of public institutions, and the lack of perceived benefits to being formal. The high level...

Bolivia's informal sector is the largest in Latin America, by many definitions and measures. Bolivia's high informality rate has been blamed on many factors including the burden of regulation, the weakness of public institutions, and the lack of perceived benefits to being formal. The high level...