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Explaining the Shadow Economy in Europe: Size, Causes and Policy Options

Author/Editor: Ben Kelmanson, Koralai Kirabaeva, Leandro Medina, Borislava Mircheva, Jason Weiss.

Release Date:December, 2019

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 more...



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