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Shadow Economies Around The World What Did We Learn Over The Last 20 Years
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Book Synopsis Shadow Economies Around the World: What Did We Learn Over the Last 20 Years? by : Leandro Medina
Download or read book Shadow Economies Around the World: What Did We Learn Over the Last 20 Years? written by Leandro Medina and published by International Monetary Fund. This book was released on 2018-01-25 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis SHADOW ECONOMIES AROUND THE WORLD by : LEANDRO; SCHNEIDER MEDINA (FRIEDRIC.)
Download or read book SHADOW ECONOMIES AROUND THE WORLD written by LEANDRO; SCHNEIDER MEDINA (FRIEDRIC.) and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Shadow Economy by : Friedrich Schneider
Download or read book The Shadow Economy written by Friedrich Schneider and published by Cambridge University Press. This book was released on 2013-02-14 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Book Synopsis Shadow Economies Around the World by : Mr.Friedrich Schneider
Download or read book Shadow Economies Around the World written by Mr.Friedrich Schneider and published by INTERNATIONAL MONETARY FUND. This book was released on 2000-01-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents estimates of the size of the shadow economy in 76 developing, transition, and OECD countries, which are derived by combining figures from different estimation methods. We describe and discuss the strengths and weaknesses of the different estimation methods. We find that the growth of the shadow economy—which is now remarkably large in the 76 countries—is strongly related to increasing burdens of taxation and social security contributions, as well as to the extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow economy.
Book Synopsis Formalizing the Shadow Economy in Serbia by : Gorana Krstić
Download or read book Formalizing the Shadow Economy in Serbia written by Gorana Krstić and published by Springer. This book was released on 2015-04-21 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Informal Economy in Sub-Saharan Africa by : Leandro Medina
Download or read book The Informal Economy in Sub-Saharan Africa written by Leandro Medina and published by International Monetary Fund. This book was released on 2017-07-10 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.
Book Synopsis Explaining the Shadow Economy in Europe: Size, Causes and Policy Options by : Mr.Ben Kelmanson
Download or read book Explaining the Shadow Economy in Europe: Size, Causes and Policy Options written by Mr.Ben Kelmanson and published by International Monetary Fund. This book was released on 2019-12-13 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Shadow Economies Around the World by : Friedrich Schneider
Download or read book Shadow Economies Around the World written by Friedrich Schneider and published by . This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Long Shadow of Informality by : Franziska Ohnsorge
Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Hiding in the Shadows by : Friedrich Schneider
Download or read book Hiding in the Shadows written by Friedrich Schneider and published by International Monetary Fund. This book was released on 2002-04-16 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on IMF working paper 00/26, "Shadow Economies Around the World: Size, Causes, and Consequences," February 2000.
Book Synopsis Shadow Economies Around the World by : Friedrich Schneider
Download or read book Shadow Economies Around the World written by Friedrich Schneider and published by . This book was released on 2004 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fair and Inclusive Markets: Why Dynamism Matters by : Philippe Aghion
Download or read book Fair and Inclusive Markets: Why Dynamism Matters written by Philippe Aghion and published by International Monetary Fund. This book was released on 2021-02-05 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism—a drive toward sophisticated export industries, innovation, and creative destruction and a high level of competition. What a country produces and how much it competes domestically and internationally are important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward providing growth opportunities for both workers and firms.
Book Synopsis Economic Security: Neglected Dimension of National Security ? by : National Defense University (U S )
Download or read book Economic Security: Neglected Dimension of National Security ? written by National Defense University (U S ) and published by Government Printing Office. This book was released on 2011-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.
Book Synopsis OECD Reviews of Regulatory Reform Regulatory Policy in Croatia Implementation is Key by : OECD
Download or read book OECD Reviews of Regulatory Reform Regulatory Policy in Croatia Implementation is Key written by OECD and published by OECD Publishing. This book was released on 2019-06-18 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Croatia has made great strides in strengthening its regulatory policy framework. Improving the entire regulatory policy cycle will ensure that regulations are built on a foundation of solid evidence and public participation and are designed to improve the security, health and well-being of citizens at a reasonable cost.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1513575910 Total Pages :414 pages Book Rating :4.5/5 (135 download)
Book Synopsis The Global Informal Workforce by : International Monetary Fund
Download or read book The Global Informal Workforce written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-07-23 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.
Book Synopsis International Trade, Wage Inequality and the Developing Economy by : Sugata Marjit
Download or read book International Trade, Wage Inequality and the Developing Economy written by Sugata Marjit and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.
Book Synopsis Handbook of Research on Organizational Sustainability in Turbulent Economies by : Perez-Uribe, Rafael Ignacio
Download or read book Handbook of Research on Organizational Sustainability in Turbulent Economies written by Perez-Uribe, Rafael Ignacio and published by IGI Global. This book was released on 2022-04-15 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational sustainability and uncertain economies are key topics for modern organizations. New, updated knowledge about such matters is necessary for companies to ensure they are sufficiently prepared for future crises. Additional research is required in this area as the overall amount of material available is below par. The Handbook of Research on Organizational Sustainability in Turbulent Economies provides theoretical and practical evidence that demonstrates how the integration, adaptation, construction, and application of strategic models, methods, and tools can promote organizational sustainability for economies in situations of uncertainty. Covering topics such as work engagement and sustainable development goals, this major reference work is ideal for academicians, practitioners, policymakers, entrepreneurs, business owners, researchers, instructors, and students.
