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The Invisible Cost of Informality
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Created: 17.05.2026 00:15 Updated: 17.05.2026 00:15 When you talk about informal economy in Ecuador, the debate tends to focus on tax evasion or the lack of labour controls. However, its consequences go much further. Operating outside the rules ends up generating a silent cost that affects the entire society. A business that works outside the formal economy not only avoids tax and labor obligations. It also tends to have greater difficulties i…
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