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Explaining the Shadow Economy in Europe: Size, Causes and Policy Options

Explaining the Shadow Economy in Europe: Size, Causes and Policy Options »

Source: Explaining the Shadow Economy in Europe: Size, Causes and Policy Options

Volume/Issue: 2019/2019

Series: IMF Working Papers

Author(s): Ben Kelmanson , Koralai Kirabaeva , Leandro Medina , Borislava Mircheva , and Jason Weiss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 2019

ISBN: 9781513520698

Keywords: Shadow economy, Labor market reforms, Labor force participation, Labor market regulations, Labor market policy, informal economy, WP, government effectiveness, percent of GDP, formal sector

This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined...

Governance and State-Owned Enterprises: How Costly is Corruption?1

Governance and State-Owned Enterprises: How Costly is Corruption?1 »

Source: Governance and State-Owned Enterprises: How Costly is Corruption?

Volume/Issue: 2019/253

Series: IMF Working Papers

Author(s): Anja Baum , Clay Hackney , Paulo Medas , and Mouhamadou Sy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2019

ISBN: 9781513519296

Keywords: Economic policy, Economic growth, Financial indicators, Economic indicators, Public sector, State-owned enterprises, firm performance, corruption, governance reforms, WP

State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affe...

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe »

Volume/Issue: 2019/11

Series: Departmental Papers / Policy Papers

Author(s): Christine Richmond , Dora Benedek , Bobana Cegar , Peter Dohlman , Michelle Hassine , Beata Jajko , Piotr Kopyrski , Maksym Markevych , Jacques Miniane , Francisco Parodi , Gabor Pula , James Roaf , Min Kyu Song , Mariya Sviderskaya , Rima Turk , and Sebastian Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2019

DOI: http://dx.doi.org/10.5089/9781498315142.087

ISBN: 9781498315142

Keywords: Business enterprises, Central and Eastern Europe, Public enterprises, Financial soundness indicators, Real sector, Economic stabilization, Bank credit, Total factor productivity, State-owned enterprises, state-owned banks

The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not...

Explaining the Shadow Economy in Europe: Size, Causes and Policy Options

Explaining the Shadow Economy in Europe: Size, Causes and Policy Options »

Volume/Issue: 2019/2019

Series: IMF Working Papers

Author(s): Ben Kelmanson , Koralai Kirabaeva , Leandro Medina , Borislava Mircheva , and Jason Weiss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 2019

DOI: http://dx.doi.org/10.5089/9781513520698.001

ISBN: 9781513520698

Keywords: Shadow economy, Labor market reforms, Labor force participation, Labor market regulations, Labor market policy, informal economy, WP, government effectiveness, percent of GDP, formal sector

This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined...

Governance and State-Owned Enterprises: How Costly is Corruption?

Governance and State-Owned Enterprises: How Costly is Corruption? »

Volume/Issue: 2019/253

Series: IMF Working Papers

Author(s): Anja Baum , Clay Hackney , Paulo Medas , and Mouhamadou Sy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2019

DOI: http://dx.doi.org/10.5089/9781513519296.001

ISBN: 9781513519296

Keywords: Economic policy, Economic growth, Financial indicators, Economic indicators, Public sector, State-owned enterprises, firm performance, corruption, governance reforms, WP

State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affe...

State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight

State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight »

Volume/Issue: 2019/201

Series: IMF Working Papers

Author(s): Bobana Cegar , and Francisco Parodi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2019

DOI: http://dx.doi.org/10.5089/9781513512181.001

ISBN: 9781513512181

Keywords: Economic reforms, Social safety nets, Financial indicators, Financial statements, Fiscal policy, State-Owned Enterprises, Bosnia and Herzegovina, Financial Performance, SOE Governance, WP

Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE...

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe »

Source: Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

Volume/Issue: 2019/11

Series: Departmental Papers / Policy Papers

Author(s): Christine Richmond , Dora Benedek , Bobana Cegar , Peter Dohlman , Michelle Hassine , Beata Jajko , Piotr Kopyrski , Maksym Markevych , Jacques Miniane , Francisco Parodi , Gabor Pula , James Roaf , Min Kyu Song , Mariya Sviderskaya , Rima Turk , and Sebastian Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2019

ISBN: 9781498315142

Keywords: Business enterprises, Central and Eastern Europe, Public enterprises, Financial soundness indicators, Real sector, Economic stabilization, Bank credit, Total factor productivity, State-owned enterprises, state-owned banks

The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not...

State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight

State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight »

Source: State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight

Volume/Issue: 2019/201

Series: IMF Working Papers

Author(s): Bobana Cegar , and Francisco Parodi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2019

ISBN: 9781513512181

Keywords: Economic reforms, Social safety nets, Financial indicators, Financial statements, Fiscal policy, State-Owned Enterprises, Bosnia and Herzegovina, Financial Performance, SOE Governance, WP

Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE...