Europe says “Stop” to the “Shadow” Economy party October 17, 2024 The “shadow economy” is having a party in Europe. It includes all economic activities that are not declared and therefore avoid taxes. In Spain,…
The problem of shadow lenders is getting bigger, possibly leading to a new financial crisis August 15, 2024 The occasion for this specific analysis is the recent statement about the main areas of concern of the Financial Stability Board (FSB) that was…
China is already 33% larger than the US in terms of GDP (including shadow economy), while India is also threatening August 15, 2024 China’s GDP is already significantly larger than the US economy, contrary to official figures given by governments or organizations such as the World Bank…
Wall Street: The debt bubble of 1.7 trillion dollars in the private debt shadow market May 16, 2024 Private credit has grown exponentially in recent years as banks have reduced their balance sheets due to tighter regulations. The private debt bubble harkens…
The Shadow Economy has grown in the 36 OECD countries February 3, 2022 The coronavirus pandemic in all 36 member states of the Organization for Economic Co-operation and Development (OECD) had a strengthening effect on the shadow…
The two Faces of India August 26, 2019 In 2014, the then Government of India with Prime Minister of Narendra Modi announced the implementation of the campaign titled “Made in India”. This…