Informality and the Second Economy in East-Central Europe
Author: József Böröcz
Publisher:
Published: 1992
Total Pages: 36
ISBN-13:
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The Long Shadow of Informality
Author: Franziska Ohnsorge
Publisher: World Bank Publications
Published: 2022-02-09
Total Pages: 397
ISBN-13: 1464817545
DOWNLOAD EBOOKA 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.
The Shadow Economy
Author: Friedrich Schneider
Publisher: Cambridge University Press
Published: 2013-02-14
Total Pages: 225
ISBN-13: 1107034841
DOWNLOAD EBOOKThis book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Explaining the Shadow Economy in Europe: Size, Causes and Policy Options
Author: Mr.Ben Kelmanson
Publisher: International Monetary Fund
Published: 2019-12-13
Total Pages: 29
ISBN-13: 1513520695
DOWNLOAD EBOOKThis 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 Informal Post-Socialist Economy
Author: Jeremy Morris
Publisher: Routledge
Published: 2013-12-13
Total Pages: 209
ISBN-13: 1135009295
DOWNLOAD EBOOKFrom smugglers to entrepreneurs, blue-collar workers and taxi drivers, this book deals with the multitude of characters engaged in informal economic practices in the former socialist regions. Going beyond a conception of informality as opposed to the formal sector, its authors demonstrate the fluid nature of informal transactions straddling the crossroads between illegal, illicit, socially acceptable and symbolically meaningful practices. Their argument is informed by a wide range of case studies, from Central Europe to the Baltics and Central Asia, each of which is constructed around a single informant. Each chapter narrates the story of a composite person or household that was carefully selected or constructed by an author with long-standing ethnographic research experience in the given field site. Wide in geographical, empirical and theoretical scope, the book uses ethnographic narrative accounts of everyday life to make links between ‘ordinary’ meanings of informality. Challenging reductively economistic perspectives on cross-border trading, undeclared work and other informal activities, the authors illustrate the wide variety of interpretive meanings that people ascribe to such practices. Alongside ‘getting by’ and ‘getting ahead’ in recently marketised societies, these meanings relate to sociality, kinship-ties and solidarity, along with more surprising ‘political’ and moral reasonings.
Economic Informality
Author: Ana Maria Oviedo
Publisher: World Bank Publications
Published: 2009-06-01
Total Pages: 54
ISBN-13: 0821379976
DOWNLOAD EBOOKThis survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of exclusion and exit. The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.
The Informal Economy in Sub-Saharan Africa
Author: Leandro Medina
Publisher: International Monetary Fund
Published: 2017-07-10
Total Pages: 31
ISBN-13: 1484309030
DOWNLOAD EBOOKThe 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.
Informality
Author: Guillermo Perry
Publisher: World Bank Publications
Published: 2007
Total Pages: 270
ISBN-13: 0821370936
DOWNLOAD EBOOKAnalyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
The Social Impact of Informal Economies in Eastern Europe
Author: Manuela Stanculescu
Publisher: Routledge
Published: 2018-05-08
Total Pages: 319
ISBN-13: 1351763989
DOWNLOAD EBOOKThis title was first published in 2002. In State socialist societies, informal economies were essential for the functioning of the economy as well as for household provision. Since the beginning of social transformation they have been flourishing better than ever before. They are a main outlet on the market for the newly emerging middle classes, stabilize the situation of many workers and pensioners, and in countries on the downward slope they are essential for the survival of large impoverished groups. Presenting recent research on the social importance of informal economies, especially in Bulgaria, Hungary, Romania and Russia, the editors give a short introduction for each country, and a common compilation of basic economic and social data follows in the appendix. Household strategies in the ’shadow’, groups of informal winners and losers, informal employment in town and countryside, outcomes from informal activities, the macro-economic importance of informal economies, and researching methods are all investigated.
Public Sector Debt Statistics
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2011-12-08
Total Pages: 230
ISBN-13: 161635156X
DOWNLOAD EBOOKThe global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.
