Abstract
Market incorporation is a primary requirement for equitable economic development. The creation of well-paid, formal employment provides access to a stable income, helps people to plan for the future and reduces the level of uncertainty. Securing market incorporation for low-income groups can also contribute to reduced income inequality, particularly if it is accompanied by a process of wage compression.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2013 United Nations Research Institute for Social Development, Geneva
About this chapter
Cite this chapter
Franzoni, J.M., Sánchez-Ancochea, D. (2013). The Economic Policy Regime and the Two Phases of Market Incorporation. In: Good Jobs and Social Services. Developmental Pathways to Poverty Reduction. Palgrave Macmillan, London. https://doi.org/10.1057/9781137308429_2
Download citation
DOI: https://doi.org/10.1057/9781137308429_2
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-45598-0
Online ISBN: 978-1-137-30842-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)