Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal...

Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by‐product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal...

Adam Smith’s theory of economic growth, as presented in the Wealth of Nations, is based upon the potential for increasing returns in manufacturing generated by increased specialization and division of labour and upon the accumulation of real capital, which is necessary to support the greater...

Adam Smith’s theory of economic growth, as presented in the Wealth of Nations, is based upon the potential for increasing returns in manufacturing generated by increased specialization and division of labour and upon the accumulation of real capital, which is necessary to support the greater...

Immiserizing growth is impossible when the growing country follows ationally optimal policies and the growth stimulates no foreign reaction. However, this solution may leave other nations with sub‐optimal policies, and it may lead to a global misallocation of resources. It is demonstrated that...

Purpose – To evaluate critically the view of undeclared work as market-like activity conducted for monetary gain, and participation as a rational economic decision, and the resultant public policy response that seeks to deter engagement in such work by ensuring that the expected cost of being...

This paper explores the notion of “capacity building” from the standpoint of the technological expertise needed for sustainable development policy analysis and execution. It argues that this definition is probably at the root of the concept since it captures the fundamental creativity of an...

This paper explores the notion of “capacity building” from the standpoint of the technological expertise needed for sustainable development policy analysis and execution. It argues that this definition is probably at the root of the concept since it captures the fundamental creativity of an...

Purpose – Several dimensions of public governance occur while approaching the Shadow Economy (SE) phenomenon. The purpose of this paper is to study the SE by means of the European governance analysis by highlighting the main features of implications of the policy options. A statistical...

Purpose – To evaluate critically the view of undeclared work as market‐like activity conducted for monetary gain, and participation as a rational economic decision, and the resultant public policy response that seeks to deter engagement in such work by ensuring that the expected cost of...