Hiding in the shadows: the growth of the underground economy

Examines the role of the shadow, or underground, economy. Looks at ways of measuring it, the relationship between the shadow economy and the main stream economy, why it has been growing in size, and its effects on overall economic growth. How can states limit the size of the shadow economy, and does...

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Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C. International Monetary Fund 2002
Schriftenreihe:Economic Issues No. 30
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Zusammenfassung:Examines the role of the shadow, or underground, economy. Looks at ways of measuring it, the relationship between the shadow economy and the main stream economy, why it has been growing in size, and its effects on overall economic growth. How can states limit the size of the shadow economy, and does it matter that it exists?
Beschreibung:Based on IMF working paper 00/26, "Shadow Economies Around the World: Size, Causes, and Consequences," February 2000. - "Rachel Weaving prepared the text for this pamphlet. Some of the data, including the sample size, has been updated by Professor Schneider for this pamphlet."--Preface. - "Published March 2002"--Electronic information screen. - Title from HTML file as viewed on 21 Nov 2005. - Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002
"A factory worker has a second job driving an unlicensed taxi at night; a plumber fixes a broken water pipe for a client, gets paid in cash but doesn't declare his earnings to the tax collector; a drug dealer brokers a sale with a prospective customer on a street corner. These are all examples of the underground or shadow economy - activities, both legal and illegal, that add up to trillions of dollars a year that take place "off the books," out of the gaze of taxmen and government statisticians. Although crime and shadow economic activities have long been a fact of life - and are now increasing around the world - almost all societies try to control their growth, because of the potentially serious consequences."--Preface
Beschreibung:1 Online-Ressource (iii, 16 Seiten)
ISBN:9781451935288
1451935285
ISSN:1020-5098

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