Sentence examples for formal sector regulations from inspiring English sources

Too often their profit depends on sub-contracting out to the shadow economy, where wages are even lower than in Bangladesh's formal sector, regulations don't apply and the licence to pollute is presumed.As it happens, however, the companies that rented workspace at Rana Plaza seem not to have been from the shady side of the garment industry.

The preponderance of the informal sector is also due to the enormous barriers to entry to the formal sector, including complex rules, procedures and regulations (World Bank, 2006) and, in the forest sector, ill-defined property rights.

Nonwage costs are costs faced by the employer and include health and pension contributions, payroll taxes, and transportation (commuting) subsidies.1 These labor market rigidities imply that the formal sector, where workers and employers comply with regulations, is less able to adjust to the business cycle than the informal sector.

These studies have found that stricter labor regulations are associated with reductions in output, employment, investment, and productivity in the formal sector, declines in job turnover, and output increases in the informal sector (Besley and Burgess 2004; Mondino and Montoya 2004; Kugler 2004; Micco and Pagés 2006).

Some believe they should be aimed at moving informal businesses into the formal sector, a process known as "graduation". In that event they will be subject to taxation, regulation and much greater risk.

The formal sector is the enemy.

Third, although avoidance of taxes and regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal sector.

Why should we adhere to public sector regulations?

Without further improvement, employment growth in Africa's formal sector will remain depressingly stunted.

In 2004 and 2005, around 3m new jobs will be created in the formal sector.

Formal sector include workers enrolled in social insurance.