Tag: Underground Economy Index (IES)

Informal and illegal activities in Brazil generate US$232 billion, equal to Peru’s GDP – IES survey

Richard Mann -
RIO DE JANEIRO, BRAZIL - A survey carried out by FGV includes activities such as street vendors and the self-employed, as well as mechanisms such as tax evasion, piracy, and smuggling. The informal economy has already moved R$ 1.3 trillion...
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