a note on measuring the unofficial economy in the former soviet republics

a note on measuring the unofficial economy in the former soviet republics PDF Author: michael alexeev and william pyle
Publisher:
ISBN:
Category :
Languages : en
Pages : 34

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a note on measuring the unofficial economy in the former soviet republics

a note on measuring the unofficial economy in the former soviet republics PDF Author: michael alexeev and william pyle
Publisher:
ISBN:
Category :
Languages : en
Pages : 34

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Book Description


A Note on Measuring the Unofficial Economy in the Former Soviet Republics

A Note on Measuring the Unofficial Economy in the Former Soviet Republics PDF Author: William Pyle
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This note argues that the most commonly used estimates of the size of the unofficial economies in the former Soviet republics are flawed. Most important, they are based on calculations that disregard the variation in unofficial economic activity across space in the pre-transition Soviet Union. In addition, these estimates appear to understate the size of the unofficial economies in these countries. We propose alternative estimates and find that they are more strongly related to the institutional factors commonly used to explain the size of the unofficial sector. Our estimates also show that the size of a country's pre-transition unofficial economy is an important predictor of its size during the transition. This suggests that the size of the unofficial economy is to a large extent a historical phenomenon only partly determined by contemporary institutional factors.

A Note on Measuring the Unofficial Economy in the Former Soviet Republics

A Note on Measuring the Unofficial Economy in the Former Soviet Republics PDF Author: Michael V. Alexeev
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The Shadow Economy

The Shadow Economy PDF Author: Friedrich Schneider
Publisher: Cambridge University Press
ISBN: 1107034841
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

Measuring the Incomes of Economies of the Former Soviet Union

Measuring the Incomes of Economies of the Former Soviet Union PDF Author:
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 88

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Book Description
The study's estimates of income per capita for the states of the former Soviet Union, while subject to considerable uncertainty, are considered reliable enough for their primary purpose: to assign the new states of the Soviet Union to income categories for Bank analytical and operational purposes.

The Oxford Handbook of the Russian Economy

The Oxford Handbook of the Russian Economy PDF Author: Michael Alexeev
Publisher: Oxford University Press
ISBN: 0199344132
Category : Business & Economics
Languages : en
Pages : 864

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Book Description
By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

Income, Inequality, and Poverty During the Transition from Planned to Market Economy PDF Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN: 9780821339947
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

The Role of Informal Economies in the Post-Soviet World

The Role of Informal Economies in the Post-Soviet World PDF Author: Colin C. Williams
Publisher: Routledge
ISBN: 1135036861
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Based on extensive ethnographic and quantitative research, conducted in Ukraine and Russia between 2004 and 2012, this book’s central argument is that for many people the informal economy, such as cash in hand work, subsistence production and the use of social networks, is of great importance to everyday life. Formal work is both a facilitator of such processes and is often supported by them, as people can only afford to undertake low paid formal work as a result of their informal incomes. By looking at the informal nature of formal work and practices, informal practices, gift giving, volunteer work and the economies of the household the book is one of the first to give an overview of the nature of the informal economy in all spheres of everyday practice.

Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?

Shadow Economies Around the World: What Did We Learn Over the Last 20 Years? PDF Author: Leandro Medina
Publisher: International Monetary Fund
ISBN: 1484339177
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
We undertake an extended discussion of the latest developments about the existing and new estimation methods of the shadow economy. New results on the shadow economy for 158 countries all over the world are presented over 1991 to 2015. Strengths and weaknesses of these methods are assessed and a critical comparison and evaluation of the methods is carried out. The average size of the shadow economy of the 158 countries over 1991 to 2015 is 31.9 percent. The largest ones are Zimbabwe with 60.6 percent, and Bolivia with 62.3 percent of GDP. The lowest ones are Austria with 8.9 percent, and Switzerland with 7.2 percent. The new methods, especially the new macro method, Currency Demand Approach (CDA) and Multiple Indicators Multiple Causes (MIMIC) in a structured hybrid-model based estimation procedure, are promising approaches from an econometric standpoint, alongside some new micro estimates. These estimations come quite close to others used by statistical offices or based on surveys.

The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.