Undeclared work and incomes are a serious concern for the Government of Hungary, primarily because of the negative consequences for the country's already difficult fiscal situation. The Government has already introduced a number of reforms intended to reduce undeclared economic activity. Much of...

This paper tells a story about conditions in Tanzania's hidden economy, the parts of the natural resource sector often ignored in conventional economic analyses and studies, and makes recommendations for future policy actions. The paper draws primarily from extensive background studies...

The report is the third in a series of reports that evolved from a collaboration between the local government of the City of Johannesburg, and the World Bank in 1999-2000 on the theme of local economic development. It presents the main findings of the 1999 World Bank informal sector survey,...

Thailand has made good progress in closing gender gaps in various dimensions, especially human capital development. However, the progress, though obvious, has not done much to get rid of the main deterrents discouraging Thai women from participating more actively in the labor market. Thailand's...

"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using an international sample of 1,334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading...