Measuring the Informal Economy in the Caucasus and Central Asia

WP/13/137

Measuring the Informal Economy in the Caucasus and Central Asia
This study estimates the size of the informal economy, and the relative contribution of each underlying factor, for the Caucasus and Central Asia countries in 2008. Using a Multiple Indicator-Multiple Cause model, we find that a burdensome tax system, rigid labor market, low institutional quality, and excessive regulation in financial and... READ MORE...

Publication date: May 2013
ISBN 9781484331613
$18.00

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Publication date: May 2013

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Publication date: May 2013

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