[OC] Uruguay slashed its informal economy by half in just 10 years.Submitted by latinometrics t3_10ab66v in dataisbeautiful
popejubal t1_j4604xx wrote
Reply to comment by latinometrics in [OC] Uruguay slashed its informal economy by half in just 10 years. by latinometrics
Are they reducing the amount of informal economic activity by eliminating it or are they reducing it by converting it into more formal economic activity?
Just eliminating the informal economic activity without a corresponding increase in formal activity doesn’t seem like a good thing.
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