Reducing Shadow Economies

Across Europe, shadow markets constitute a significant portion of the economy. According to some estimates an average of 16 percent of GDP in EU …

In Lithuania one in two would consider shadow activity in financial hardship

The shadow economy in Lithuania remains pervasive despite economic growth, and as many as one in two people would consider informal consumption and undeclared …

Shadow economy: Understanding drivers, reducing incentives

The aim of this publication is to present and analyse the results of representative population surveys into public perceptions of the shadow economy and …

Greece – the conundrum of currency and institutions

Part 2 of our Greek economy series. For Part 1, please click here.
 
The Institutional Problem Revealed through Global Indices
 
One could arguably …

Shadow economy is caused by bad government decisions, not “bad” people

Vytautas Žukauskas // 10.05.2016
Over the past year, the shadow economy in Lithuania has decreased from 27% to 26% of the GDP. This is …

Shadow Economies in the Baltic Sea Region 2015

The Lithuanian Free Market Institute // 25.11.2015
A new report by the Lithuanian Free Market Institute looks at perceptions and prevalence of the shadow …

Shadow Economies in the Baltic Sea Region 2015

Lithuanian Free Market Institute, November 2015
A new report by the Lithuanian Free Market Institute looks at perceptions and prevalence of the shadow economy …