The presence of the shadow economy differs considerably among the countries. Therefore, determination of factors behind the differences in the size of cross-country shadow economy becomes more of an issue for designing and implementing the right policies to combat the shadow economy. This study...

Global wealth has increased significantly in recent years. However, poverty and income inequality has stayed at high levels in some countries despite the global economic expansion in the world during the past four decades. In this regard, extensive measures by national governments and...