The staying power of informal employment in developing countries is a concern, because informal employees (e.g., day laborers) tend to receive lower wages, fewer benefits, and fewer legal protections. Writing in the World Bank Jobs and Development Blog, Prof. Shanthi Nataraj asks, How can policymakers improve conditions for informal workers?
Research and Policy in International Development (RAPID)
Despite the rapid economic growth in countries like China, India, and Brazil, around 1 billion people around the world still survive on less than $2 per day. Understanding the factors influencing economic growth and development is therefore crucial to enhancing aggregate human welfare. The RAND Corporation established RAPID in 2009 to help advance this objective. Researchers associated with RAPID are dedicated to improving our knowledge of the challenges individuals and countries face in rising out of poverty and to providing decision makers with the information needed for policies to enhance poverty reduction and well-being and increase economic growth.Read more