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- W72637 abstract "This study estimates the total burden of regulatory costs for microfirms in three Latin American countries : Argentina, Mexico and Brazil. In order to demonstrate impact on incomes and employment, costs are expressed in terms of jobs (or wages) forgone. This illustration serves to draw attention to the cost of regulations to firms, though it certainly does not constitute a statistical prediction. Nor is it a cost-benefit analysis of regulations for society at large, but rather an attempt to express the cost side from the microfirm's point of view. The principal finding of the study is that, by freeing the smallest firms from a significant portion of their regulatory and fiscal burden, governments can significantly improve the ability on the poor to generate jobs and incomes for themselves. This finding, does not, however, constitute an argument in favor of deregulation. Rather, it points to the need to reduce regulatory costs -a goal which can be approached through bureaucratic simplification, reductions or waiver of fees, and perhaps through reform in the financing of social security and, where appropriate, the exemption of certain legal obligations." @default.
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- W72637 date "1995-06-01" @default.
- W72637 modified "2023-09-27" @default.
- W72637 title "Regulatory costs and poverty reduction in the microfirm sector : a synthesis of Latin America case studies" @default.
- W72637 hasPublicationYear "1995" @default.
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