Video

10. Keynote by Santiago Levy Watch Video Connection Speed: High Speed Low Speed    Event Title : ABCDE 2007 Slovenia Date : 5/18/2007 Duration : 44 minutes Language  : English Country/Region : World Keyword :  Social Development  Financial Sector  Human Security Presenter : | Related Material | Recommendations |Related B-SPAN Videos |  DESCRIPTION  The Annual Bank Conference on Development Economics (ABCDE) brings together academics, policy makers, representatives of multilateral and bilateral agencies, research institutes, civil society organizations, students, and journalists, and thus provides an excellent opportunity to foster exchange of knowledge and understanding of development issues. ABCDE 2007 took place in Bled, Slovenia, and was co-organized by the World Bank and the Ministry of Finance of Slovenia. It gathered together over 400 participants over two days to discuss the theme of Development and the Private Sector. Santiago Levy, former Deputy Minister of Economy for Mexico, presented his views on the issue of informality in Mexican economy. Levy stated that the dichotomy of social security for salaried labor and social programs for non-salaried labor generates a tax in firms and a subsidy to informal firms. He argued that social programs can themselves be a source of informality and that informality reduces the rate of growth and productivity in the country.  RELATED MATERIALS   Related World Bank and Other Links: World Bank: ABCDE 2007 Slovenia Related B-SPAN Events: ABCDE 2006 Tokyo ABCDE 2006 St. Petersburg RELATED B-SPAN EVENTS Social Development (58) Financial Sector (90) Human Security (16)