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Recent Trends of Informality in Greece
Larry CuiMr. Larry Q CuiJiaxiong Yao
其他書名
Evidence from Subnational Data
出版International Monetary Fund, 2024-02-20
主題Business & Economics / Labor / GeneralBusiness & Economics / Money & Monetary PolicyBusiness & Economics / Public FinanceBusiness & Economics / Taxation / GeneralBusiness & Economics / International / Economics & TradeBusiness & Economics / Industries / Computers & Information Technology
ISBN9798400267741
URLhttp://books.google.com.hk/books?id=yXH2EAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋This paper explores the evolution of informality in Greece as it is widely considered one of the major structural impediments to fiscal capacity and sustainable growth. It finds that informality has dropped significantly in Greece in recent years, although there were temporary increases during the sovereign debt crisis and the COVID-19 pandemic. Lower informality is also found to be associated with higher subsequent per capita GDP growth and higher tax revenue. Moreover, Greece’s significant recent progress in digitalization appears to have helped reduce informality. There remains scope to further reduce informality by accelerating digitalization and the ongoing pro-growth structural reforms.