A recent report sheds light on the scale of the shadow economy across the EU, with Greece emerging as the country with the ...

Informality remains a defining characteristic of the Indian economy, with 89 per cent of the workforce engaged in informal ...

Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.

It added that shadow and informal economic activity was responsible for generating more than a third of GDP. Preliminary estimates indicate that Uzbekistan’s overall GDP in 2024 amounted to 1.45 ...

In contrast, Mauritius boasts the lowest level of informal economic activities, averaging only 18% towards national GDP. This is a remarkable achievement, indicating a well-structured and ...

Others reluctantly accept economic informality while seeking to upgrade the idea of the informal sector. But there are others who challenge altogether the view that street vending is not modern ...

The Cuban informal currency market continues to be a hotbed of activity, with the euro experiencing a significant increase as ...

Activity within Cuba's informal currency market remains dynamic. As of Thursday morning, the euro has seen a price increase for the third consecutive ...

When we resort to non-compliance, we interfere with the important and systematic work of the government and place the lives ...

on non-filers - only pushes more economic activity into the shadows. Instead of increasing revenues, these measures have largely expanded the informal sector. The grey economy has flourished ...

BUENOS AIRES, March 27 (Reuters) - Argentina's economic activity increased 6.5% in January compared with the same month last year, its highest year-on-year growth since mid-2022, official data ...