Ebook195 pages3 hours
In from the Shadow
Rating: 0 out of 5 stars
()
About this ebook
What to do about the extent of unregulated informal employment and the size of the shadow economy is a dilemma that has been gaining urgency, particularly in Europe's periphery. The forces that accompany globalization put a premium on mobility and skill-renewal. Rapid population ageing will require that people work longer and be far more productive. To achieve this, social and economic institutions have to be more pro-employment, encouraging greater participation in the formal economy. And looking ahead, public financial resources will be increasingly scarce, giving urgency to measures that can significantly and sustainably increase tax revenue. This book is about workers in Europe who earn a living working full or part-time in untaxed markets for goods, services and labor. Their activities are not registered as part of the economy, and because they go unrecorded, they are also unregulated. This makes them illegal although not in essence criminal. Some call this the underground economy, black market or the shadow economy. Widespread informal employment in the shadow economy posses problems for individuals and their families, but it is also a problem for firms and society. This volume presents the rationale and steps policy makers in the EU's newest member countries should take to bring as much economic activity in from the shadow economy as they can. The authors venture a general conclusion: Although it may be necessary to improve the structural incentives created by the structure of taxation, labor market regulation, and social protection policies, doing so is not sufficient to achieve real improvement. As important, is a government's credibility in the eyes of working people in carrying out the state’s unique and critical role of providing and maintaining public goods. The process of improving governance and increasing institutional credibility is long and difficult, but key to changing the circumstances that lead people into the shadowy unregulated and untaxed markets. Deriving specific policy guidance and recommendations from rigorous analysis using administrative and unit-level survey data the book draws a set of general policy suggestions for EU members, old and new, as well as those who aspire to join the Union. Although aimed specifically at emerging Europe, this policy guidance will resonate with decision makers in middle and upper-middle income countries in other parts of the world.
Related to In from the Shadow
Related ebooks
In from the Shadow: Integrating Europe's Informal Labor Rating: 0 out of 5 stars0 ratingsEmbracing Ambiguity: A Workforce Training Plan for the Postpandemic Economy Rating: 0 out of 5 stars0 ratingsEmerging FinTech: Understanding and Maximizing Their Benefits Rating: 0 out of 5 stars0 ratingsLinkages of Financial Groups in the European Union: Financial Conglomeration Developments in the Old and New Member States Rating: 0 out of 5 stars0 ratingsThe Handbook of Global Shadow Banking, Volume II: The Future of Economic and Regulatory Dynamics Rating: 0 out of 5 stars0 ratingsThe Next Convergence: The Future of Economic Growth in a Multispeed World Rating: 4 out of 5 stars4/5A Political Economy of Banking Supervision: Missing a Chance Rating: 0 out of 5 stars0 ratingsCruel World Rating: 0 out of 5 stars0 ratingsValue from Security Rating: 0 out of 5 stars0 ratingsThe Entrepreneur: The Economic Function of Free Enterprise Rating: 0 out of 5 stars0 ratingsMoney Talks: Media, Markets, Crisis Rating: 0 out of 5 stars0 ratingsFighting Fraud: How to Establish and Manage an Anti-Fraud Program Rating: 0 out of 5 stars0 ratingsModern Monetary Theory and the Recovery Rating: 0 out of 5 stars0 ratingsBig Business : Some Myths Busted Rating: 0 out of 5 stars0 ratingsMastering 21st Century Enterprise Risk Management - 2nd Edition: The Future of ERM - Book 1 - Executive's Guide Rating: 0 out of 5 stars0 ratingsWorking Today for a Better Tomorrow in Ethiopia: Jobs for Poor and Vulnerable Households Rating: 0 out of 5 stars0 ratingsRedesigning Organizations: Concepts for the Connected Society Rating: 0 out of 5 stars0 ratingsBanking and Beyond: The Evolution of Financing along Traditional and Alternative Avenues Rating: 0 out of 5 stars0 ratingsPublic Private Partnerships: Principles for Sustainable Contracts Rating: 0 out of 5 stars0 ratingsDon't fear AI Rating: 0 out of 5 stars0 ratingsFinTech Revolution: Universal Inclusion in the New Financial Ecosystem Rating: 0 out of 5 stars0 ratingsCapital for Champions: SPACs as a Driver of Innovation and Growth Rating: 0 out of 5 stars0 ratingsJobs Undone: Reshaping the Role of Governments toward Markets and Workers in the Middle East and North Africa Rating: 0 out of 5 stars0 ratingsWinning the Global Talent Showdown: How Businesses and Communities Can Partner to Rebuild the Jobs Pipeline Rating: 0 out of 5 stars0 ratingsWelfare States in Europe: A Comparison between the German and Irish Social Security System for developing a Civil Society Rating: 0 out of 5 stars0 ratingsRedistributive Effects of Government Programmes: The Chilean Case Rating: 0 out of 5 stars0 ratingsCommunication Economics and Development: Pergamon Policy Studies on International Development Rating: 0 out of 5 stars0 ratingsA Theory of Economic Systems Rating: 0 out of 5 stars0 ratingsEconomics Lessons for the Tea Party, Most Conservatives and Some Economists Rating: 0 out of 5 stars0 ratingsSocial Innovation: Solutions for a Sustainable Future Rating: 0 out of 5 stars0 ratings
Taxation For You
Make Sure It's Deductible: Little-Known Tax Tips for Your Canadian Small Business, Fifth Edition Rating: 0 out of 5 stars0 ratingsTax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Rating: 0 out of 5 stars0 ratingsHome Business Tax Deductions: Keep What You Earn Rating: 0 out of 5 stars0 ratingsLower Your Taxes - BIG TIME! 2023-2024: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider Rating: 0 out of 5 stars0 ratingsFreedom from Tyranny Rating: 5 out of 5 stars5/5How to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows Rating: 0 out of 5 stars0 ratingsTaxes For Dummies: 2022 Edition Rating: 0 out of 5 stars0 ratingsThe Pocket Small Business Owner's Guide to Building Your Business Rating: 0 out of 5 stars0 ratingsThe Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5Bookkeeping: Step by Step Guide to Bookkeeping Principles & Basic Bookkeeping for Small Business Rating: 5 out of 5 stars5/5QuickBooks 2024 All-in-One For Dummies Rating: 0 out of 5 stars0 ratingsTax Preparation for Beginners: The Easy Way to Prepare, Reduce, and File Taxes Yourself Rating: 5 out of 5 stars5/5Taxes For Dummies: 2024 Edition Rating: 0 out of 5 stars0 ratingsQuickBooks 2023 All-in-One For Dummies Rating: 0 out of 5 stars0 ratingsThe Payroll Book: A Guide for Small Businesses and Startups Rating: 5 out of 5 stars5/5A Simplified Guide to QuickBooks Online 2023 Rating: 0 out of 5 stars0 ratingsWhat Your CPA Isn't Telling You: Life-Changing Tax Strategies Rating: 4 out of 5 stars4/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5Tax Savvy for Small Business: A Complete Tax Strategy Guide Rating: 5 out of 5 stars5/5How Do I Tax Thee?: A Field Guide to the Great American Rip-Off Rating: 0 out of 5 stars0 ratingsTaxes for Small Businesses QuickStart Guide: Understanding Taxes for Your Sole Proprietorship, StartUp & LLC Rating: 4 out of 5 stars4/5Tax Strategies of the Wealthy Rating: 4 out of 5 stars4/5The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money Rating: 4 out of 5 stars4/5
Reviews for In from the Shadow
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews