Explaining The Shadow Economy In Europe Size Causes And Policy Options
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Explaining the Shadow Economy in Europe: Size, Causes and Policy Options
Author: Mr.Ben Kelmanson
language: en
Publisher: International Monetary Fund
Release Date: 2019-12-13
This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years but remains significant, especially in Eastern Europe. In the emerging European economies, the key determinants of shadow economy size are regulatory quality, government effectiveness, and human capital. The paper argues that a comprehensive package of reforms, focused on country-specific drivers, is needed to successfully combat the shadow economy. The menu of policies most relevant for Europe’s emerging economies include: reducing regulatory and administrative burdens, promoting transparency and improving government effectiveness, as well as improving tax compliance, automating procedures, and promoting electronic payments.
The Shadow Economy
Author: Friedrich Schneider
language: en
Publisher: Cambridge University Press
Release Date: 2013-02-14
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Navigating Economic Uncertainty - Vol. 2
Author: Hyrije Abazi-Alili
language: en
Publisher: Springer Nature
Release Date: 2025-03-01
This book is the second volume presenting carefully selected chapters from the proceedings of the 7th International Scientific Conference on Business and Economics (ISCBE),Vila Real, Portugal, which took place in June 2024. The chapters provide key strategies for thriving in the midst of economic turbulence and explore adaptation, innovation and resilience in our modern, unpredictable landscape. They cover a wide range of areas relevant to contemporary business and economics issues such as economic shocks, high inflation, energy crisis, growth prospects, economic forecast, labor market, gender inequalities, migration, entrepreneurship, firm development and innovations, and technological transformation. The book is an essential compass for business leaders to navigate market volatility and economic uncertainty.