Kazakhstan Authorities Acknowledge Gap Between Real Scale of Shadow Employment and Official Data - The Times Of Central Asia Kazakhstan’s authorities have acknowledged a significant discrepancy between official estimates of informal employment and administrative data, highlighting

Kazakhstan says millions may be working in the shadow economy beyond official labor statistics https://ow.ly/44eR50YtuiM #Kazakhstan #CentralAsia #Economy #LaborMarket #ShadowEconomy

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Pakistan losing Rs 1 trillion revenue due to rampant tax evasion - Yes Punjab News Pakistan loses over Rs 1 trillion annually to tax evasion and smuggling, harming revenue, investment, and public trust.

Pakistan losing Rs 1 trillion revenue due to rampant tax evasion yespunjab.com?p=210888

#PakistanEconomy #TaxEvasion #ShadowEconomy #RealEstateTax #IllicitTrade #FBR #RevenueLoss #EconomicReform #FiscalPolicy #StopCorruption #TaxCompliance #PakistanNews

Implementation of e-Invoice tackles shadow economy, impact still being assessed – Hui Ying KUALA LUMPUR: The government has taken several steps to tackle the shadow economy as an effort to increase national income, including through the implementation of the e-Invoice system which will begin in 2024. Deputy Finance Minister Lim Hui Ying said the implementation of e-Invoices aims to strengthen more progressive administration and accelerate the digitalisation of the taxation system, while also helping to curb shadow economy activities. “At this time, the government has not been able to identify its impact because the e-Invoice has not yet been fully launched and it takes time,” he said during an oral question and answer […]

Implementation of e-Invoice tackles shadow economy, impact still being assessed – Hui Ying #eInvoice #ShadowEconomy #Digitalization #Taxation #NationalIncome

There is a thriving shadow economy in Britain – but migrants are not to blame | Emily Kenway Labour is desperately trying to mimic Reform’s line on the cash economy, says former policy adviser Emily Kenway

2/2
For many it's the only way to make ends meet already.
www.theguardian.com/commentisfre...

#ShadowEconomy
#CashInHandJobs
#IllegalJobs
#HiddenEconomy

Original post on leftist.network

There is a thriving shadow economy in Britain – but migrants are not to blame | Emily Kenway | The Guardian

Reducing benefits will only result in more folk working in this Shadow Economy for wages that won't get deducted from their meagre benefits. For many it's the only way to make ends meet […]

Interesting, but I can hardly believe that #Russia 's #ShadowEconomy is only some 13% given the astronomical levels of #corruption there, with #Putin being a #Billionaire a hundred times over...

A shadow on democracy? The shadow economy and government responsiveness MICHELE FENZL

🌅📙 64.3

A shadow on democracy? 😶🌫️

@mfenzl.bsky.social demonstrates the importance of studying the political impacts of the #ShadowEconomy bringing to light 💡 the impact on welfare systems and #Taxation rates 💲📈

🔗

Attributing England's migrant 'pull factor' to the shadow economy is convenient but lazy. Hard data are scarce, but informed estimates suggest 10% in Britain, 15% elsewhere in northern Europe, and up to 20% in southern Europe.

#migration #ShadowEconomy

Indonesia working on new e-commerce tax rule in bid to target ’shadow economy’ Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Click Subscribe. #ecommerce #taxation #shadoweconomy #IndonesianEconomy #digitaltax

Ranked: "The World’s Biggest Shadow Economies" (Plus- sewer turtles)

From the casual to the criminal: roughlydaily.com/2025/06/06/b...

#crime #culture #economics #history #informaleconomy #labor #sewer #shadoweconomy #greyeconomy #snappingturtle #taxes #turtle

Infographic showing countries with the largest shadow economies in 2023. China leads with $3.6 trillion, followed by India at $931B and the U.S. at $1.4T. Percentages of GDP range from 5% (U.S.) to 26.1% (India). Data sourced from EY Global Shadow Economy Report 2025 and IMF.

China leads the world in shadow economy size in 2023 with $3.6T, or 20.3% of its GDP. India follows at $931B (26.1%), and the U.S. hits $1.4T, though just 5% of GDP.

Other major players include Brazil, Indonesia, and Russia.
#ShadowEconomy #GDP #China #India #USA #Economics

Visualizing the World's Shadow Economies.

The shadow economy is the value of unreported and untaxed business activities and is not part of a country's official #GDP figures.

Credit @visualcap.bsky.social

Learn More: lnkd.in/gbPDYFTD

#Economy #shadoweconomy #Economics #TaxLoot #TaxationIsTheft

Namibia at the crossroads: Unmasking trade-based money laundering in SADC’s shadow economy By Karischa Schmidt When Namibia was placed on the Grey List by the Financial Action Task Force (FATF) in early 2024, most of the national attention fell on the Financial Sectors, both banking and non-banking, regulatory bodies and legal frameworks. However, as we follow these developments closely, one cannot help

#Namibia #MoneyLaundering #FATF #ShadowEconomy #TradeFinance

America's shadow economy shrinks due to deportation fears Pockets of the U.S. economy depend on unauthorized labor to stay afloat — and that workforce goes beyond undocumented immigrants.

> America's shadow economy shrinks due to deportation fears www.axios.com/2025/04/14/i...

#BadEconomy #PartyOfStupid #ThisIsAmerica #ShadowEconomy #work #labor #jobs (c)

Just a moment...

Third, Robert Blanton and Dursun Peksen examine the economic effects of #UN peacekeeping. Studying 145 countries over 40 years, they find that #Peacekeeping missions curb #ShadowEconomy growth, but that the effects aren’t sustainable after missions end.

WHY INDEPENDENT ARTIFICIAL GENERAL INTELLIGENCE CAN NEVER EXIST

A #civilization with a flourishing economic engine but a significant shadow economy can never develop an independent, self-aware AGI capable of working without significant human oversight.

#ProfitBeforePeople #ShadowEconomy #NoTrust

Radio Zoo 📻 Global Broadcast (@zoogger@mas.to) Attached: 1 image Чому вони ніколи не кажуть, скільки самі коштують бюджету. Просто для порівняння. Разом з їхніми державними програмами, програмами підтримки, державними підприємствами, акціонерними...

Про порівняння "ціни" тіньової економіки і "тіньової" влади, яку не чутно не видно, поки їй не знадобляться гроші на власне утримання, життєві витрати на найновіші авто, коштовності та іноземне житло #shadoweconomy #mafia #corruption #ukraine mas.to/@zoogger/113...