Cover -- Title page -- Copyright information -- CONTENTS -- Acknowledgements -- Foreword -- Executive summary -- Chapter 1: Globalization and informality in times of crisis -- A. Labour markets in open developing economies -- B. Key facts on globalization, trade and informal employment in developing countries -- C. Improving social equity and efficiency by battling informality -- Chapter 2: Varieties of informality -- A. Three views of the informal economy -- B. A unifying model: multi-segmented labour markets -- C. Definitions: making informality concepts operational -- D. The crux of measurement -- Chapter 3: Openess to trade and informality -- A. How does trade opening affect informal employment and wages? -- B. What does the evidence tell us? -- Chapter 4. Impact of informality on trade and growth -- A. How does informality shape macroeconomic performance? -- B. Informality and macroeconomic performanc: empirical evidence -- Chapter 5: Economic resilience: dynamics of informality -- A. Transmission mechanisms of shocks in informal labour markets -- B. Informality and business cycles -- C. Capital flows and informality -- Chapter 6: Globalization and informal employment: an empirical assessment -- A. Setting the stage -- B. The impact of globalization on informal employment -- C. Does informal employment lock countries into trade patterns? -- Chapter 7: Robust policies for an uncertain world -- A. Formalization of firms -- B. Supporting transitions from informal jobs to formal employment -- C. Employment-friendly trade policies -- D. Coherence between trade and labour market policy -- References -- Annex 1: Data description -- A. Informality measures -- B. Economic and social indicators used in the empirical analysis -- Annex 2: Technical details to the empirical analysis -- A. Methodological considerations -- B. Detailed regression results.

C. Robustness checks -- Table of illustrations -- Figure 1.1 Own-account and contributing family workers (relative to total employment, in per cent) -- Figure 1.2 Informality around the world (relative to total employment, in per cent) -- Figure 1.3, Within-region variation of informality rates (relative to total employment, in per cent) -- Figure 1.4 Informal economy (relative to GDP, in per cent) -- Figure 1.5 Shadow economy (relative to GDP, in per cent) -- Figure 1.6 Incidence of informality by skill level (relative to total employment, in per cent) -- Figure 1.7 Status in informal employment in Latin America (2006) (relative to total informal employment, in per cent) -- Figure 1.8 Informality and economic development -- Figure 1.9 Trade openess and informality in Asia -- Figure 1.10 Foreign direct investment and informality in Latin America -- Figure 2.1 Multi-segmented labour markets -- Figure 5.1 Informality and the long-term sustainability of growth (1990-2006) -- Figure 6.1 Globalization and other economic influences on informal employment -- Figure 6.2 The impact of policies and regulation on informality -- Figure 6.3 Determinants of export concentration -- Figure A2.1 Selected quantile regressions -- Back cover.