Recconciling opposing views towards labour informality. The case of Colombia and South Africa
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Date
2017Citation
Fernández, C. et al. (2017). Recconciling opposing views towards labour informality. The case of Colombia and South Africa. Bogotá: Fedesarrollo.Metadata
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Abstract
The analysis of labour markets in Colombia and South Africa provides a framework of informality broad enough to understand the complex phenomenon of informality. Both South Africa and Colombia are upper-middle income countries struggling to break out of the middle-income trap. While both countries have similar levels of per capita income and inequality, South Africa stands out for having relatively high levels of unemployment and low levels of informal employment, whereas Colombia has a lower rate of unemployment but persistently high levels of informality.
Palabras clave
Informalidad
Informalidad Laboral
Mercado Laboral
Desempleo
Segmentación del Mercado Laboral
Colombia
Sudáfrica
Keywords
Informality
Labour Informality
Unemployment
Labour Market
Colombia
South Africa
JEL
J21
J68
J40
J46
I24