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Class activity: Informal work and social insurance

In groups of 3-4, consider the following:

  1. If you were a policymaker, where would you put your emphasis, and why? How would you balance trying to alleviate poverty and reduce informality (or would you even do this)? How would you try to reduce informality?

  2. The chicken or the egg question: is it informality that’s standing in the way of economic growth, or does economic growth largely drive decision between formal/informal?