Click here for search results
Entry regulation and formalization of microenterprises in developing countries, Volume 1
Author:Bruhn, Miriam; McKenzie, David; Country:World;
Date Stored:2013/06/26Document Date:2013/06/01
Document Type:Policy Research Working PaperSubTopics:Competitiveness and Competition Policy; Business in Development; E-Business; Microfinance; Small Scale Enterprise
Language:EnglishRegion:The World Region
Report Number:WPS6507Collection Title:Policy Research working paper ; no. WPS 6507Impact Evaluation series ; no. IE 94
Volume No:1  

Summary: The majority of microenterprises in most developing countries remain informal despite more than a decade of reforms aimed at making it easier and cheaper for them to formalize. This paper summarizes the evidence on the effects of entry reforms and related policy actions to promote firm formalization. Most of these policies result only in a modest increase in the number of formal firms, if at all. Less is known about the impact of other forms of business regulations on the performance of low-scale enterprises. Most informal firms appear not to benefit on net from formalizing, so ease of formalization alone will not lead to most of them formalizing. Increased enforcement of rules can increase formality. Although there is a fiscal benefit of doing this with larger informal firms, it is unclear whether there is a public rationale for trying to formalize subsistence enterprises.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 18 pagesOfficial version*1.26 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: