THEIR CONTRIBUTIONS

TOP RESEARCH Shedding Light on the Shadow Economy: what trade-offs should governments make?
Economy & Finance

Shedding Light on the Shadow Economy: what trade-offs should governments make?

by Cristina Terra

Cristina Terra, Professor of Economics at ESSEC Business School, shares her research into the effects of regulations and policies on the informal economy and points the world’s governments towards a dilemma: should the shadow economy be tolerated after all?