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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. British Politics and Policy at LSE (24 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/politicsandpolicy
Additional Information: © 2015 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HJ Public Finance
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 06 Apr 2017 16:10
Last Modified: 24 Aug 2020 23:12
URI: http://eprints.lse.ac.uk/id/eprint/72877

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