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The Shadow Economy: An International Survey,9781107034846
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The Shadow Economy: An International Survey

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Pub. Date:
Cambridge Univ Pr
List Price: $109.99

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What version or edition is this?
This is the 2nd edition with a publication date of 4/30/2013.
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Illicit work, social security fraud, economic crime and other shadow economy activities are fast becoming an international problem. This second edition uses new data to reassess currency demand and the model approach to estimate the size of the shadow economy in 151 developing, transition, and OECD countries. This updated edition argues that during the 2000s the average size of the shadow economy varied from 19 per cent of GDP for OECD countries, to 30 per cent for transition countries, to 45 per cent for developing countries. It examines the causes and consequences of this development using an integrated approach to explain deviant behaviour that combines findings from economic, sociological, and psychological research. The authors suggest that increasing taxation and social security contributions, rising state regulatory activities, and the decline of the tax morale are all driving forces behind this growth, and they propose a reform of state public institutions in order to improve the dynamics of the official economy.

Table of Contents

The shadow economy: a challenge for economic and social policy
Defining the shadow economy
Methods to estimate the size of the shadow economy
Size of shadow economies around the world
The size of the shadow economy labour force
An integrated approach to explain deviant behaviour
Analysing the causes and measures of economic policy
Effects of the increasing shadow economy
The 'two-pillar strategy'
Conclusion and outlook
Table of Contents provided by Publisher. All Rights Reserved.

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