A Framework for Thinking about Enterprise Formalization Policies in Developing Countries

What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm...

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Bibliographic Details
Main Author: Kenyon, Thomas
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/05/7639070/framework-thinking-enterprise-formalization-policies-developing-countries
http://hdl.handle.net/10986/7103
id okr-10986-7103
recordtype oai_dc
spelling okr-10986-71032021-04-23T14:02:33Z A Framework for Thinking about Enterprise Formalization Policies in Developing Countries Kenyon, Thomas ADMINISTRATIVE LAW AGRICULTURE BUREAUCRATIC REQUIREMENTS BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT COLLECTIVE ACTION COMPANY COMPETITIVE ADVANTAGE COMPETITIVE DISADVANTAGE COMPETITORS CONSUMERS CORPORATION DEBT DEVELOPMENT POLICY DIVERSIFICATION ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CHANGE ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC SECTORS ELECTRICITY EMPLOYMENT ENTERPRISE DEVELOPMENT ENTREPRENEURS EVASION EXPORTS EXTERNALITIES FEDERAL GOVERNMENT FINANCIAL INCENTIVE FIRMS FORMS OF REGULATION GOVERNMENT AGENCIES GOVERNMENT DEPARTMENTS GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT OFFICIALS GOVERNMENT REGULATION GOVERNMENT REGULATIONS GOVERNMENT SERVICES INCOME INEFFICIENT REGULATION INFORMAL ARRANGEMENTS INSURANCE LARGE ENTERPRISES LEVIES LICENSING MIDDLE INCOME COUNTRIES NATIONAL GOVERNMENTS POLICY IMPLICATIONS POLICY REVIEW PRIVATE SECTOR PROVINCIAL AUTHORITIES PUBLIC PUBLIC ADMINISTRATION PUBLIC MANAGEMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM REGISTRAR REGULATORY ACTIVITY REGULATORY BURDEN REGULATORY COMPLIANCE REGULATORY SYSTEM SAFETY NETS SAFETY STANDARDS SHOPS SMALL BUSINESS SMALL BUSINESS TAXATION SMALL BUSINESSES SMALL ENTERPRISES SMALL FIRMS SME SME DEVELOPMENT SUPPLIERS TAX TAXATION TECHNICAL ASSISTANCE TRANSACTIONS COSTS TRANSITION ECONOMIES UNDERLYING PROBLEM UTILITIES VENDORS What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm-level costs and benefits but also in terms of the interaction between the firm and its competitors and between the firm and the state. This paper emphasizes the coordination and credibility issues involved in promoting formalization and discusses possible institutional solutions, among them business associations that make the benefits of membership dependent on compliance, information sharing arrangements among government agencies and improvements in the quality of public management. 2012-06-05T15:01:54Z 2012-06-05T15:01:54Z 2007-05 http://documents.worldbank.org/curated/en/2007/05/7639070/framework-thinking-enterprise-formalization-policies-developing-countries http://hdl.handle.net/10986/7103 English Policy Research Working Paper; No. 4235 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADMINISTRATIVE LAW
AGRICULTURE
BUREAUCRATIC REQUIREMENTS
BUSINESS DEVELOPMENT
BUSINESS ENVIRONMENT
COLLECTIVE ACTION
COMPANY
COMPETITIVE ADVANTAGE
COMPETITIVE DISADVANTAGE
COMPETITORS
CONSUMERS
CORPORATION
DEBT
DEVELOPMENT POLICY
DIVERSIFICATION
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CHANGE
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC SECTORS
ELECTRICITY
EMPLOYMENT
ENTERPRISE DEVELOPMENT
ENTREPRENEURS
EVASION
EXPORTS
EXTERNALITIES
FEDERAL GOVERNMENT
FINANCIAL INCENTIVE
FIRMS
FORMS OF REGULATION
GOVERNMENT AGENCIES
GOVERNMENT DEPARTMENTS
GOVERNMENT INTERVENTION
GOVERNMENT INTERVENTIONS
GOVERNMENT OFFICIALS
GOVERNMENT REGULATION
GOVERNMENT REGULATIONS
GOVERNMENT SERVICES
INCOME
INEFFICIENT REGULATION
INFORMAL ARRANGEMENTS
INSURANCE
LARGE ENTERPRISES
LEVIES
LICENSING
MIDDLE INCOME COUNTRIES
NATIONAL GOVERNMENTS
POLICY IMPLICATIONS
POLICY REVIEW
PRIVATE SECTOR
PROVINCIAL AUTHORITIES
PUBLIC
PUBLIC ADMINISTRATION
PUBLIC MANAGEMENT
PUBLIC POLICY
PUBLIC SECTOR
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR REFORM
REGISTRAR
REGULATORY ACTIVITY
REGULATORY BURDEN
REGULATORY COMPLIANCE
REGULATORY SYSTEM
SAFETY NETS
SAFETY STANDARDS
SHOPS
SMALL BUSINESS
SMALL BUSINESS TAXATION
SMALL BUSINESSES
SMALL ENTERPRISES
SMALL FIRMS
SME
SME DEVELOPMENT
SUPPLIERS
TAX
TAXATION
TECHNICAL ASSISTANCE
TRANSACTIONS COSTS
TRANSITION ECONOMIES
UNDERLYING PROBLEM
UTILITIES
VENDORS
spellingShingle ADMINISTRATIVE LAW
AGRICULTURE
BUREAUCRATIC REQUIREMENTS
BUSINESS DEVELOPMENT
BUSINESS ENVIRONMENT
COLLECTIVE ACTION
COMPANY
COMPETITIVE ADVANTAGE
COMPETITIVE DISADVANTAGE
COMPETITORS
CONSUMERS
CORPORATION
DEBT
DEVELOPMENT POLICY
DIVERSIFICATION
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CHANGE
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC SECTORS
ELECTRICITY
EMPLOYMENT
ENTERPRISE DEVELOPMENT
ENTREPRENEURS
EVASION
EXPORTS
EXTERNALITIES
FEDERAL GOVERNMENT
FINANCIAL INCENTIVE
FIRMS
FORMS OF REGULATION
GOVERNMENT AGENCIES
GOVERNMENT DEPARTMENTS
GOVERNMENT INTERVENTION
GOVERNMENT INTERVENTIONS
GOVERNMENT OFFICIALS
GOVERNMENT REGULATION
GOVERNMENT REGULATIONS
GOVERNMENT SERVICES
INCOME
INEFFICIENT REGULATION
INFORMAL ARRANGEMENTS
INSURANCE
LARGE ENTERPRISES
LEVIES
LICENSING
MIDDLE INCOME COUNTRIES
NATIONAL GOVERNMENTS
POLICY IMPLICATIONS
POLICY REVIEW
PRIVATE SECTOR
PROVINCIAL AUTHORITIES
PUBLIC
PUBLIC ADMINISTRATION
PUBLIC MANAGEMENT
PUBLIC POLICY
PUBLIC SECTOR
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR REFORM
REGISTRAR
REGULATORY ACTIVITY
REGULATORY BURDEN
REGULATORY COMPLIANCE
REGULATORY SYSTEM
SAFETY NETS
SAFETY STANDARDS
SHOPS
SMALL BUSINESS
SMALL BUSINESS TAXATION
SMALL BUSINESSES
SMALL ENTERPRISES
SMALL FIRMS
SME
SME DEVELOPMENT
SUPPLIERS
TAX
TAXATION
TECHNICAL ASSISTANCE
TRANSACTIONS COSTS
TRANSITION ECONOMIES
UNDERLYING PROBLEM
UTILITIES
VENDORS
Kenyon, Thomas
A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
relation Policy Research Working Paper; No. 4235
description What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm-level costs and benefits but also in terms of the interaction between the firm and its competitors and between the firm and the state. This paper emphasizes the coordination and credibility issues involved in promoting formalization and discusses possible institutional solutions, among them business associations that make the benefits of membership dependent on compliance, information sharing arrangements among government agencies and improvements in the quality of public management.
format Publications & Research :: Policy Research Working Paper
author Kenyon, Thomas
author_facet Kenyon, Thomas
author_sort Kenyon, Thomas
title A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
title_short A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
title_full A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
title_fullStr A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
title_full_unstemmed A Framework for Thinking about Enterprise Formalization Policies in Developing Countries
title_sort framework for thinking about enterprise formalization policies in developing countries
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/05/7639070/framework-thinking-enterprise-formalization-policies-developing-countries
http://hdl.handle.net/10986/7103
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