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Conclusions: A Future Roadmap for the Transition to Formality Using Digital Services

In: Formalization of the Informal Economy

Author

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  • Colin C. Williams

    (University of Sheffield)

Abstract

This concluding chapter provides a future roadmap for countries seeking to pursue a transition to formality using digital services, along with fruitful future directions for research. Synthesising the arguments of the book, the first section summarises what is meant by the informal economy and the range of consequences of its existence for different stakeholders, to reveal why a roadmap is required to formalise the informal economy. To develop the roadmap, the next section then identifies the determinants of the informal economy and how an e-government approach addresses these determinants. To highlight the multifarious e-government tools available for doing so, the third section outlines the full e-toolbox available to enforcement authorities to formalise the informal economy. The fourth and final section then draws out some summative remarks on an e-government approach and the future research required.

Suggested Citation

  • Colin C. Williams, 2023. "Conclusions: A Future Roadmap for the Transition to Formality Using Digital Services," SpringerBriefs in Economics, in: Formalization of the Informal Economy, chapter 0, pages 105-121, Springer.
    • Handle: RePEc:spr:spbchp:978-3-031-37928-4_4
    DOI: 10.1007/978-3-031-37928-4_4
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