A key policy problem in most developing countries is the size of the informal sector and its persistence over time. In need to increase their tax revenues, policy makers face a trade-off between decreasing tax rates (making formalizing potentially more attractive) and alternatively raising tax...

Workers’ participation in management, regardless of its dissension and conflicts, is being increasingly embraced in different countries, both in capitalist and socialist, predominantly in the European countries, and in the Third World, as an ultimate approach of industrial democracy. In...