Underground Economy Index (O Globo)
Author: BUSINESS & CIA
Source: O Globo, 13/05/2009
Underground 1
The trend of the Underground Economy Index, which FGV and Instituto Etco are presenting tomorrow, is worrying. In the last six months of 2008, all the variables that make up the indicator worsened, says researcher Fernando de Holanda Barbosa Filho.
In particular, the increase of 16,7% in the perception of corruption in the country weighed.
Underground 2
The underground economy concerns the production of goods and services that is not reported to the government.
It includes from the informal labor market to tax evasion; from disrespecting environmental laws to criminal activities. The index was set at 2003 in March 99,4, the beginning of the survey. It was at 2008 in June XNUMX.