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survey of enterprises carried out for the GCR, we find that firms from emerging economies single out corruption and excessive … bureaucracy among the top constraints to their business operations, while excessive bureaucracy and the tax regime are identified …
Persistent link: https://www.econbiz.de/10005126032
clash, noncompliant behaviors proliferate, among them, tax evasion, corruption, bribery, organized criminality, and theft of …, circumvention, abuse, and/or corruption of institutional rules--comprise what we can be termed underground economies. A variety of …
Persistent link: https://www.econbiz.de/10005062456
The paper develops a theoretical model showing a mutual relationship between corruption and capital account … restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel … data for 112 countries over the period 1984-2002 and find that corruption and restrictions are indeed mutually determined …
Persistent link: https://www.econbiz.de/10005556016
Corruption has a negative impact on society and economy. The transition process in Central and Eastern Europe (CEE …) uncovered dormant possibilities for corruption and necessity for appropriate steps to be taken. We document the state of … corruption in the Czech Republic and the measures introduced to fight it. We cover sectors of society and economy according to …
Persistent link: https://www.econbiz.de/10005560992
Ireland's loan funds were a long lived, self-sustaining, large-scale microcredit organization that made millions of loans, without collateral, to the poor. We examine the life-cycle of this institution and show how the loan funds responded to their economic environment in ways that benefitted...
Persistent link: https://www.econbiz.de/10005076565
Ukraine face higher effective tax rates, worse bureaucratic corruption, greater incidence of mafia protection, and have less … corruption is significantly associated with hiding output. Ó 2000 Elsevier Science S.A. All rights reserved. …
Persistent link: https://www.econbiz.de/10005076624
This paper presents new evidence on the dynamics of dollarization and euroization for twenty-five transition countries. Estimates of the amount of foreign currency in circulation (FCC) in transition countries are used to develop a new comprehensive dollarization index (CDI) and separate indices...
Persistent link: https://www.econbiz.de/10005076821
are among the best antidotes to corruption, shadow economies, criminal injustice and poverty. The presence of accountable …
Persistent link: https://www.econbiz.de/10005076830
This paper examines the available evidence on the size the UK’s underground (unobserved) economy and presents preliminary evidence on the size and growth of the unobserved economy for the period 1960-1980 based on Feige’s transaction approach. Reference: Journal of Economic Affairs, Vol.1...
Persistent link: https://www.econbiz.de/10005125016
– This paper examines the phenomenon of the underground economy. We analyze the choice by firms and workers to carry out their economic activities within the formal economy context (regular economy) or the underground economy context (irregular economy). We assume that there are two types of...
Persistent link: https://www.econbiz.de/10005125735