Economic Issues

Hiding in the Shadows: The Growth of the Underground Economy

By Friedrich Schneider, Dominik Enste

April 16, 2002

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Format: Chicago

Friedrich Schneider, and Dominik Enste. Hiding in the Shadows: The Growth of the Underground Economy, (USA: International Monetary Fund, 2002) accessed April 12, 2025, https://doi.org/10.5089/9781589060968.051

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Summary

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?

Subject: Corruption, Crime, Economic sectors, Informal economy, Labor, Labor force, Social security contributions, Taxes

Keywords: Africa, Asia and Pacific, Central and Eastern Europe, Corruption, Eastern Europe, Economy, EI, Global, Informal economy, Labor force, Prospering shadow economy, Shadow economy, Shadow economy activity, Shadow economy labor force, Shadow economy transaction, Social security contributions, Work decision

Publication Details

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