Informal economy

Transition to the formal economy in Latin America and the Caribbean

Based on the recent developments that took place in the region, the main aim of this report is to depict the regional patterns in policies and outcomes and obtain lessons from them to enrich the discussion on better policies to handle the transition. Therefore, it identifies the way countries have addressed the diversity of the informal economies, whether they have combined their different tools under an integrated approach and what can be learnt from the wealth of policy experience and evidence on these practices. This report has served as a background paper for the participants of the Regional Knowledge Sharing Forum in Latin America and the Caribbean countries –it was held in Lima from 24th through 28th August– and includes national experiences and contributions emerging from this Forum.

Conference paper | 04 December 2015