Inclusive Growth Institutions and the Underground Economy

This book PDF is perfect for those who love Business & Economics genre, written by Mr. Adil Mohommad and published by International Monetary Fund which was released on 01 February 2012 with total hardcover pages 14. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Inclusive Growth Institutions and the Underground Economy books below.

Inclusive Growth Institutions and the Underground Economy
Inclusive Growth Institutions and the Underground Economy
Author : Mr. Adil Mohommad
File Size : 55,9 Mb
Publisher : International Monetary Fund
Language : English
Release Date : 01 February 2012
ISBN : 9781463944308
Pages : 14 pages
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Inclusive Growth Institutions and the Underground Economy by Mr. Adil Mohommad Book PDF Summary

Worldwide protests against the perceived lack of economic opportunity and failure of governance have refocused attention on the need for inclusive growth and strong institutions. In developing countries, large informal economies limit state capacity to deliver governance and strong institutions, which in turn discourages participation in and expansion of the formal economy. This paper analyzes the determinants of the underground economy, with particular emphasis on the role of institutions and the rule of law. We find that when businesses are faced with onerous regulation, inconsistent enforcement and corruption, they have an incentive to hide their activities in the underground economy. Empirical analysis suggests that institutions are a more important determinant of the size of the underground economy than tax rates.

Inclusive Growth Institutions and the Underground Economy

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Worldwide protests against the perceived lack of economic opportunity and failure of governance have refocused attention on the need for inclusive growth and strong institutions. In developing countries, large informal economies limit state capacity to deliver governance and strong institutions, which in turn discourages participation in and expansion of the

Get Book
The Underground Economy

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