International Development in Focus (in)Formalizing Jobs Latin America and the Caribbean

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Bol Exploring workforce informality across Latin American and Caribbean labor markets, the report examines how personal income taxes and social protection policies shape firm and worker choices between formal and informal employment structures. It reveals the complex interplay of policy and incentive. This report aims to deepen our understanding of informality of work and employment outcomes in Latin American and Caribbean labor markets, focusing on the interplay between personal income taxation, social protection policies, and consequently firm and workers' incentives to (in)formalize agreements.

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Exploring workforce informality across Latin American and Caribbean labor markets, the report examines how personal income taxes and social protection policies shape firm and worker choices between formal and informal employment structures. It reveals the complex interplay of policy and incentive. This report aims to deepen our understanding of informality of work and employment outcomes in Latin American and Caribbean labor markets, focusing on the interplay between personal income taxation, social protection policies, and consequently firm and workers' incentives to (in)formalize agreements.


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  • 9781464822384
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