Shadow Economies in the Globalising World


Book Description

From West Indian sugar and bottles of Southeast Asian arrack to French red wines, English felt cloth, and Mediterranean lemons, many global wares ended up in the Scandinavian borderlands during the late eighteenth century. This book explores how and why these goods came to be there and analyses what smuggling can reveal about the emergence of global trade, the formation of the nation state, and the development of consumer society in Europe’s northernmost outskirts. This book shows that the global underground was ubiquitous in the Nordic countries and fundamentally altered them, politically, economically, socially, and culturally. Through re-evaluating the role of smuggling the book complements and challenges established historical accounts about state building, market dynamics, consumer culture, and ideas and identity. It also offers a roadmap for how to think about illegal global trade and how to approach this notoriously difficult research field. By integrating illegality, the book aims to show how an illicit web entangled often overlooked ‘peripheral’ territories with traditional ‘portals of globalisation’ and proposes a novel take on early modern globalisation and the paths to modernity in the European hinterlands. To achieve this a wide variety of sources are used including court records, administrative sources, diaries, ambassadorial correspondence, and maps in various languages including Swedish, Finnish, Norwegian, English, and French. This book makes a significant contribution to the literature on economic history, the first wave of globalisation, the study of shadow economies, and Scandinavian history more broadly.




The Shadow Economy


Book Description

Illicit work, social security fraud, economic crime and other shadow economy activities are fast becoming an international problem. This second edition uses new data to reassess currency demand and the model approach to estimate the size of the shadow economy in 151 developing, transition, and OECD countries. This updated edition argues that during the 2000s the average size of the shadow economy varied from 19 per cent of GDP for OECD countries, to 30 per cent for transition countries, to 45 per cent for developing countries. It examines the causes and consequences of this development using an integrated approach to explain deviant behaviour that combines findings from economic, sociological, and psychological research. The authors suggest that increasing taxation and social security contributions, rising state regulatory activities, and the decline of the tax morale are all driving forces behind this growth, and they propose a reform of state public institutions in order to improve the dynamics of the official economy.




Shadow Economies in the Globalising World


Book Description

This book explores how and why various global wares ended up in Scandinavian borderlands during the eighteenth-century, and analyses what smuggling can reveal about the emergence of global trade, the formation of the nation state, and the development of consumer society in Europe's northernmost outskirts.




Measuring the Global Shadow Economy


Book Description

This book brings together two leading researchers in the field to provide a comprehensive overview of the shadow economy from a global perspective. Reviewing the advantages and disadvantages of different ways of measuring the informal sector, the authors evaluate its size and key determinants across the world. Williams and Schneider clearly establish the persistence and prevalence of the shadow economy, analysing the narrowness of existing policy approaches and explaining how these fail to address the key factors for its existence and may even exacerbate the problem. Proposing an alternative way forward, the authors argue that little headway will ever be made in reducing the shadow economy until there are changes not only to the character of formal institutions but also informal institutions (the values, beliefs and norms of citizens) through the introduction of macro-level structural changes. This timely, cutting-edge review of the global shadow economy and how it can be measured and tackled is an invaluable resource for postgraduate students, researchers and policy-makers, particularly those with a interest in tax evasion and informal labour.







Shadow Globalization, Ethnic Conflicts and New Wars


Book Description

Focusing on the political economy of so-called new wars, this book presents a series of studies that analyse the complexities of current warfare by moving from the global sphere to local spots of organised violence. It thus raises questions about the very idea of intra-state wars and shows that these wars are inseparably linked to the global econom










The Shadow Economy


Book Description

Measurement of the shadow ...




Shadow Economies Around the World Size, Causes, and Consequences


Book Description

This paper presents estimates of the size of the shadow economy in 76 developing, transition, and OECD countries, which are derived by combining figures from different estimation methods. We describe and discuss the strengths and weaknesses of the different estimation methods. We find that the growth of the shadow economy ő which is now remarkably large in the 76 countries ő is strongly related to increasing burdens of taxation and social security contributions, as well as to the extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow economy.