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 The informal economy in Bulgaria: Policy responses in an economic crisis
The annual Hidden Economy Index in Bulgaria for 2008 has registered a moderate decrease. In comparison, the index was 40% higher in 2002 when it was first assessed. The decrease is due to the shrinking of the hidden economy in all its assessed dimensions – tax evasion, hidden turnover and employment. However, business perceptions regarding the extent of the hidden economy in Bulgaria have kept on increasing since 2006. more »
Round Table Discussion: Grey Economy: Trends and Challenges
On 27 May 2008 the Center for the Study of Democracy, with the support of the Royal Dutch Embassy in Sofia, organizes a round table discussion, dedicated to the challenges the grey economy poses on Bulgaria's economic development and competitiveness and the possibilities for implementing effective public policies in this area. more »
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