Does infrastructure development help decrease informality, a study in developing countries

Details

Supervisors

Candelon, Bertrand

Faculty

Louvain School of Management

Degree label

Master [120] en sciences de gestion, à finalité spécialisée

Abstract

While many countries achieved a successful development throughout the past decades, plenty of people still rely on odd jobs to survive. Addressing the informal economy should not only help those people out of poverty, but could be an important contributor in a country’s development. This paper focuses on the role that infrastructure development could play as a solution to reduce the informality rates in developing countries. To address the subject, this thesis first states the existent scientific literature. Secondly, an empirical study is conducted to find out whether infrastructure development has played a role in the past 30 years in the formalization of developing countries.