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Formal and Informal Institutions in a Transition Economy: The Case of Vietnam
World Development, 2010We examine the role of informal and formal institutions behind the growth of private sector in Vietnam since the official recognition of private enterprises in the early 1990s. We show that firms have increasingly taken on risks in their transactions in spite of weak formal institutions.
Steer, Liesbet, Sen, Kunal
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Formal, Informal, and Care Economies
2015AbstractThis chapter outlines key feminist contributions to understanding the contested meanings of formal, informal, and care economies. It first examines feminist efforts at making visible the essential yet generally unacknowledged unpaid household labor of women. Second, it examines tensions around viewing care work—in both its unpaid and paid forms—
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Competitive Advantages of Formality in the Informal Economy
2014In developed economies like the United States, formal firms arguably have the choice as to whether or not to compete against informal firms. In emerging economies like Africa, however, formal firms are often times pushed into competition with informal firms for market share. Informality can be a difficult context for formal firms to navigate.
Sharon Simmons, David Gras
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Corporate Formalism in a Global Economy
2015Cross-border insolvency cases are at the cutting edge of international litigation of all kinds. They are generating remarkable developments in doctrine and in systems cooperation. In re Nortel importantly develops a new and important approach to corporate groups that may compel pro rata distribution of certain assets to all creditors of the group ...
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Our Approach to Formal Verification of Token Economy Models
2020The tokenomic modeling is one of the most efficient approaches for understanding and prediction of its subject’s behavior. There are many tools for simulation modeling of behavior in different domains but there is lack of examples in literature on the usage for tokenomic modeling.
Oleksandr A. Letychevskyi +3 more
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Informal and Formal Employment in a Liberalizing Economy
2020This chapter examines the phenomenon of growing informal employment in the formal registered sector of the economy. Increased liberalization has not resulted in formalization of jobs in the formal sector of the economy but rather the growth of informal employment. Even in the public sector it is estimated that a third of all jobs are informal. We adopt
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Formal Models in Historical Political Economy
2023Abstract This chapter discusses approaches to formal modeling in historical political economy and leading examples of formal models in this area. It argues that formal models are useful because they can depict causal mechanisms with a high degree of clarity.
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Impact of recreational fishery on the formal Danish economy
IME Working Paper, 2003This paper presents estimates of the economic impact of recreational fisheries on the formal economy of Denmark. It utilises primary data from a CVM (con-tingent valuation method)-mail survey conducted in 1999 in Denmark, Norway, Finland, Sweden and Iceland. The sample used in this paper covers 546 Danish respondents (recreational fishermen only).
Eva Roth, Susanne Jensen
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Linking the Formal and Informal Economy
2016Metadata only ...
Guha-Khasnobis, B. (ed.) +2 more
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Enterprise and Inclusion in the Formal Economy of Italy
2002The Advisor to the Strategic Project ITALY IN EUROPE is charged with contributing particularly to two topics within the Project’s scope: these areas might be called Enterprise and Inclusion. Their importance for economic policy is beyond doubt. An economic system that is deficient in enterprise and remains so may be replaced by or evolve into another ...
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