Browsing Tag

informal trade

IDB assures that the fintech help fight against informality

The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, affirmed that fintech is "the most efficient and effective mechanism" to fight informality in Latin America and the Caribbean. In a region where less than 50 % of the population is banked, the rise of the digital…

OECD warns about the growth of informal trade in Latin America

The Organization for Economic Cooperation and Development (OECD) warned that the crisis generated by the pandemic will cause strong increases in labor informality, inequality and poverty in several Latin American countries, so the…