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7 Oct 2024

The workforce in the informal sector is clearly less productive than in the formal sector, highlighting the urgent need to transition the workforce to the formal sector for higher productivity. [...] Research also explores the gender dynamics of the informal sector, highlighting the role of women in various informal activities and the need for gender-sensitive policies to enhance productivity and well- being (Kabeer, 2004). [...] INFORMALITY, PRODUCTIVITY, AND FINANCIAL INACCESSIBILITY: A STUDY OF SELECTED APO MEMBERS | 11 (Percentage %) CHAPTER 1 BANGLADESH Relationship between the Formal and Informal Economy in Bangladesh The relationship between the formal and informal economy in Bangladesh is a complex and multifaceted issue. [...] Overall, the positive association between informal sector productivity and financial inclusion indicators in Bangladesh underscores the importance of expanding access to financial services and promoting financial inclusion as key drivers of economic growth and development in the country. [...] These constraints contribute to the productivity gap between formal and informal firms Informal Sector Productivity and Credit Access Financial Accessibility, Informal Economy, and Productivity Growth: A Literature Review The empirical literature extensively discusses the primary challenges of the informal sector.

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Pages
244
Published in
Japan

Table of Contents