The Underground Economy : Estimation, and Economic and Policy Implications; The Case of Pakistan /

This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that there is a mutual dependency between the size of the underground economy and fiscal de...

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Manylion Llyfryddiaeth
Prif Awdur: Shabsigh, Ghiath
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1995.
Cyfres:IMF Working Papers; Working Paper ; No. 1995/101
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that there is a mutual dependency between the size of the underground economy and fiscal deficits, and show a leakage from the national income-expenditure cycle in the formal economy to the underground economy via private investments. Finally, the paper proposes long- and short-run policies to reduce the size of the underground economy.
Disgrifiad o'r Eitem:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Disgrifiad Corfforoll:1 online resource (23 pages)
Fformat:Mode of access: Internet
ISSN:1018-5941
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students