CENTER FOR INTERNATIONAL PRIVATE ENTERPRISE

 

High levels of informal activity result in severe economic, political, and social costs to developing countries. The Center for International Private Enterprise’s response to the informal sector addresses underlying institutional failures in order to encourage entrepreneurship and improve democratic governance.

The Center for International Private Enterprise (CIPE) is pleased to present two publications on the informal sector and routes to formality:

Reducing Economic Informality by Opening Access to Opportunity, a toolkit on informal sector reform, explains the sources and consequences of the informal sector, outlines methods for improving participation in markets, and describes three case studies from CIPE’s work in Peru, Guatemala, and Kenya.

From the Streets to Markets: Formalization of Street Vendors in Metropolitan Lima highlights the achievements of the Institute of Liberty and Democracy (ILD) in removing barriers to market entry in Peru.  The case study takes a detailed look at the reforms championed for over a decade by Hernando de Soto and ILD that increased formal sector activity and created new economic opportunities for street vendors in Lima, Peru.

For more about CIPE’s initiatives for the informal sector, please visit www.cipe.org/programs/informalsector