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Europe’s hidden economy: how governments can bring undeclared work out of the shadows

Williams, Colin C. (2015) Europe’s hidden economy: how governments can bring undeclared work out of the shadows. LSE European Politics and Policy (EUROPP) Blog (18 May 2015). Website.

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Abstract

The so called ‘shadow economy’ refers to work and financial transactions that take place outside of the view of public authorities. Colin C Williams writes on the scale of this problem in Europe, noting that while the estimated size of the undeclared economy in the EU is around 18.4 per cent of GDP, it is far larger in some eastern European and southern European countries. He argues that a mix of deterrence measures, incentives, and indirect controls offers the best route for governments to bring undeclared work into the declared economy.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 28 Mar 2017 15:26
Last Modified: 06 Sep 2021 23:28
URI: http://eprints.lse.ac.uk/id/eprint/71233

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