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Informal sector
Immigrants in Toronto / Many newcomers survive by participating in parallel economic activities research finds
Shadow Economies: Economic Survival Strategies Of Toronto Immigrant Communities documents the realities of many immigrants who are stymied at the edge of the economic mainstream. The research conducted by the Toronto East Local Immigration Partnership and funded by the Wellesley Institute shows that many newcomers survive by participating in parallel economic activities, often facing exploitation … Continue reading
Is there a link between the size of the shadow economy and the Euro crisis ?
Just look at this figure to convince yourself. “Besides informal employment in the rural and non-rural sector also other measures of informal employment like the share of employees not covered by social security, own account workers or unpaid family workers are shown. The most influential factors on the shadow economy and/or shadow labor force are … Continue reading
Shadow economies | A declining trend over time with and a spike staring in 2007
Shadow economies – sometimes called the black market or informal economy – exist in every country. But how big are they? This column presents some new approaches to estimating their size and uses them to compare shadow economies across rich and poor countries over the last 60 years write Ceyhun Elgin and Oguz Oztunali on Vox. … Continue reading
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