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Informal sector can be made competitiveThe informal sector comprises a sizable percentage of the workforce, especially in developing countries. Even if we exclude agriculture, which mostly belongs to the informal sector, the non ...
A World Bank study finds that fewer than 10% of West African microenterprises belong to business associations, which ...
Available data suggest that formal small businesses contributed 19% of GDP and 33% of employment in 2023, according to ...
In 2023, 92.4% of India's workforce functioned without any formal workplace contract, access to healthcare benefits or any ...
This may restrict the benefits to the establishments who are working in informal sector. ASUSE 2022-2023 reported 65.0 million establishments (55.3 million own account establishments (OAE ...
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Business and Financial Times on MSNRethinking taxation: How we can better integrate the informal economy into the revenue systemGhana can explore a model that offers clear benefits, such as health insurance, pension schemes, or business grants, to incentivize tax registration. To successfully integrate the informal sector ...
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