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Volume 5  Number 1  •  Summer 2000
Other Issues:  

Dimensions of the Shadow Economy
By Friedrich Schneider
This article appeared in the Summer 2000 issue of The Independent Review

The underground economy cannot be measured with precision, but numerous plausible estimates suggest that it is large and growing, particularly in OECD countries. Unless policy makers are prepared to see this trend continue, they must reduce the burden of taxes and social security contributions.