For a majority of small entrepreneurs, becoming and remaining formal
is a very complicated endeavour
This explains, at least partly, the high informality rates
in most developing countries
Frank Grozel, United Nations Conference on Trade and Development (UNCTAD)
Business Facilitation Program|frank.grozel@unctad.org, +41 22 917 55 61
For a majority of small entrepreneurs, becoming and remaining formal
is a very complicated endeavour
This explains, at least partly, the high informality rates
in most developing countries