Discussion Post: GDP and shadow economy
In your initial response to the topic you have to answer all questions:
• What does the term ‘shadow economy' mean?
• How does the shadow economy affect GDP in different countries?
• What are the main factors influencing the shadow economy?
• Why is the shadow economy a challenge for the governments?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.
Resources
a) "More Americans Work in the Shadow Economy" by Zumbrun, Joshua
b) "Cultural Implications for the Shadow Economy" by Buszko, Andrzej Tomasz
c) "On Estimating the Size of the Shadow Economy by Kirchgässner, G
d) "Shadow Economies on the Rise Around the World" by Prentice, Chris.