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.

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.

Handbook on the Shadow Economy

Handbook on the Shadow Economy PDF Author: Friedrich Schneider
Publisher: Edward Elgar Publishing
ISBN: 0857930885
Category : Business & Economics
Languages : en
Pages : 543

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Book Description
This original and insightful handbook presents the latest research on the size and development of the shadow economy (also known as the black or underground economy), an integral component of the most developing and many developed countries' economies.

The Underground Economy in the United States

The Underground Economy in the United States PDF Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 76

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Book Description
Analyses underground economic activities in the US based on information available for the period from the late 1970s through the mid- 1980s. Based in part on national survey data on households, tax compliance studies and microeconomic sectoral studies.

Cash-in-Hand Work

Cash-in-Hand Work PDF Author: C. Williams
Publisher: Springer
ISBN: 0230506194
Category : Social Science
Languages : en
Pages : 246

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Book Description
Uncovering how cash-in-hand economies are composed of not only the underground sector (work akin to formal employment conducted for profit-motivated purposes), but also a hidden economy of favours more akin to mutual aid, this book displays the need to transcend conventional market-oriented readings of cash-in-hand work and radically rethink whether seeking its eradication through tougher regulations is always appropriate. It argues for a variegated policy approach that recognizes these two distinct forms of cash-in-hand work and which tailors policy accordingly.

Formalizing the Shadow Economy in Serbia

Formalizing the Shadow Economy in Serbia PDF Author: Gorana Krstić
Publisher: Springer
ISBN: 331913437X
Category : Political Science
Languages : en
Pages : 182

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Book Description
The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and development of the shadow economy in Serbia and other Central and Eastern European countries are estimated using two different methods (the MIMIC method and household-tax-compliance method). Micro-estimates are based on a special survey of business entities in Serbia, which for the first time allows us to explore the shadow economy from the perspective of enterprises and entrepreneurs. The authors identify the types of shadow economy at work in business entities, the determinants of shadow economy participation, and the impact of competition from the informal sector on businesses. Readers will learn both about the potential fiscal effects of reducing the shadow economy to the levels observed in more developed countries and the effects that formalization of the shadow economy can have on economic growth.

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.

Hiding in the Shadows

Hiding in the Shadows PDF Author: Mr.Friedrich Schneider
Publisher: International Monetary Fund
ISBN: 9781589060968
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
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?

The Underground Economy in the United States and Abroad

The Underground Economy in the United States and Abroad PDF Author: Vito Tanzi
Publisher: Lexington, Mass. : Lexington Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
Monograph which aims to measure the second economy of moonlighting in the USA and the relative importance of the black economy to a nation's economic well-being. Other countries dealt with are: United Kingdom, USSR, Italy, Norway, Colombia, Canada etc., all contributed by various authors.

The Hidden Enterprise Culture

The Hidden Enterprise Culture PDF Author: Colin C. Williams
Publisher: Edward Elgar Publishing
ISBN: 1847201881
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
This book will be an excellent primer for policy makers wishing to understand the nature and contradictory significance of the underground economy and needing to design suitably subtle policy responses to it. Roger Lee, Growth and Change The Hidden Enterprise Culture is a top pick for any economist or academician interested in this field, as well as for any underground entrepreneur who wants to make their enterprise lawful with the fewest possible legal complications. Midwest Book Review Strongly recommended for policy makers and students of business. Global Business Review Portraying how entrepreneurs often start out conducting some or all of their trade on an off-the-books basis and how many continue to do so once they become established, this book provides the first detailed account of the vast and ubiquitous hidden enterprise culture existing in the interstices of western economies. Until now, the role of the underground economy in enterprise creation, entrepreneurship and small business development has been largely ignored despite its widespread prevalence and importance. In contrast to much of the previous literature that views the underground economy as low-paid, exploitative sweatshop work that should be deterred, this book takes a fresh, more positive perspective that considers the underground economy as a hidden enterprise culture. Colin C. Williams prescribes the means by which western governments can best harness this hidden culture of enterprise. He outlines detailed policy initiatives that seek to assist business ventures in setting up on a formal footing, and aim to encourage underground enterprises and entrepreneurs to make the transition into the realm of legitimacy. This book provides a lucid guide as to how the hidden culture of enterprise can be brought into the open. As such, it will prove invaluable to a wide-ranging audience including scholars and students of business studies, entrepreneurship, management, economics and regional science.

The Hidden Wealth of Nations

The Hidden Wealth of Nations PDF Author: Gabriel Zucman
Publisher: University of Chicago Press
ISBN: 022624556X
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
We are well aware of the rise of the 1% as the rapid growth of economic inequality has put the majority of the world’s wealth in the pockets of fewer and fewer. One much-discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy. But with an enormous amount of the world’s wealth hidden in tax havens—in countries like Switzerland, Luxembourg, and the Cayman Islands—this wealth cannot be fully accounted for and taxed fairly. No one, from economists to bankers to politicians, has been able to quantify exactly how much of the world’s assets are currently hidden—until now. Gabriel Zucman is the first economist to offer reliable insight into the actual extent of the world’s money held in tax havens. And it’s staggering. In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%—there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman’s work has quickly become the gold standard for quantifying the amount of the world’s assets held in havens. In this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. If we are to find a way to solve the problem of increasing inequality, The Hidden Wealth of Nations is essential reading.