Title

The Informal Economy in Peru: A Blueprint for Systemic Reform

Status of Main Author

Undergraduate

Document Type

Article

Publication Date

2018

Abstract

As a developing nation, Peru is plagued by its persistent and sizeable informal economy, which is linked with high levels of poverty, decreased economic growth, income inequality, and poor employment conditions. This article analyzes the key drivers of informal activities in Peru, suggests ways to reduce the size of the informal economy, and examines the impact this may have on future economic growth.

Comments

This article was previously published in Perspectives on Business and Economics, Volume 35, 2017, a publication of the Martindale Center for the Study of Private Enterprise.

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