El Salvador and its Informal Commercial Activity
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El Salvador and its Informal Commercial Activity Nvard Patrikyan, Mario Martinez. Geographical Map of El Salvador. Overview. Total population 7,066,403 Language: Spanish GDP per capita: $6,400 GDP ( Purchasing Power Parity ): $45,34 Billion Budget: Revenues: $3.928 Million

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El Salvador and its Informal Commercial Activity

Nvard Patrikyan, Mario Martinez



Overview
Overview

  • Total population 7,066,403

  • Language: Spanish

  • GDP per capita: $6,400

  • GDP (Purchasing Power Parity): $45,34 Billion

  • Budget:

    • Revenues: $3.928 Million

    • Expenditures: $4.226 Million

  • Unemployment rate: 6.3%

  • Inflation rate: 4.7%

  • Balance Account: (-1.119 billion)

  • Exports: $4.55 billion

  • Imports: $9.74 billion

Est. 2008

E.S. Census, CIA fact book 2008


Summary
Summary

Reason for establishing an informal shack

Street Invasion

Municipal Challenges

Obtaining city permits

Conflict of Interest

Dangers

Opinion about informal trading


  • Reason for establishing an informal shack

    - No employment, family trait, little education, better earnings than a regular job, less labor work

  • Street Invasion

    http://www.youtube.com/watch?v=qd_lVPgT0PQ

  • Municipal Challenges

    - Displacement, confiscation of merchandise, difficult to obtain temporal permission to have public sale on the street


  • Obtaining city permits

    -No permits, tedious procedures to come up to agreements, deal with bureaucracy, syndicate governance

  • Conflict of Interest

    - Political parties influencing in lieu of promises

    - Police corruption or abuse

  • Dangers

    -“Renta” group of individuals who enforce a monthly fee to merchants in order to protect them from criminals.

    - Robberies

    - Unsafe structures 




Claudia sol rzano 23
Claudia Solórzano 23





  • Opinion about informal trading

    - Government efficiency

    - Providing source of employment

    - Education

    - Occupational training

    - Social services

    - Adjust minimum pay rate

    - Increase exports

    - Reduce imports

    - Increase investing

    - Reduce excessive credit consuming


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