Last weekend was the fifth anniversary of the infamous demonetization imposed on the country. While it is still unclear what the real objective of the exercise was, it certainly did not meet any of ...

India's gold market is rapidly formalizing despite high prices and tax hikes. Resilient consumer demand, especially for ...

Across low- and middle-income countries, the informal economy remains a dominant source of employment and enterprise activity, posing challenges for economic growth, social protection and fiscal ...

One of the biggest challenges facing the Indian economy is the size of the informal sector. The present government, more than any other, has taken upon itself to punish those in the informal economy.

In Ghana’s rapidly evolving entrepreneurial landscape, business incubators have become more than just launchpads for new ventures. They have emerged as the engines that power formalization, innovation ...

In the DRC, entrepreneurs once waited years and spent thousands to formalize their businesses. Through mobile GUCE “caravans” supported by the World Bank’s $300M TRANSFORME project, 4,613 MSMEs were ...