Miguel Jaramillo: “Clear processes are needed for any regulatory reform and a public discussion based more on evidence than on ideological principles”
“A first point is that the Ministry establishes a clear position regarding the generation of formal employment. […] A second point is the need to have a stable regulatory framework. Norms cannot be approved without following a minimum public discussion procedure. Another point is what the Ministry can do to make life in formality easier. It is not about creating a mechanism through which some firms are formalized, because when they realize the costs of living in formality they will stop being formal. Rules are needed for the long term”.
Our Senior Researcher Miguel Jaramillo joined an El Comercio and APOYO Consultoría panel on how to increase labor formality and the policies implemented by the Ministry of Labor.
Video of the discussion here.
