Informal and illegal profit from the crisis (Jornal do Brasil)

By ETCO

Author: Felipe Vieira

Source: Jornal do Brasil, 15/05/2009

The crisis has irrigated the accounts of the so-called underground economy, which includes the clandestine and illegal sale of goods, products or services that violate official rules. The sector saw its share of the Gross Domestic Product grow 13,6% between September and December last year, a period in which Brazil began to feel the effects of the international ambulance. One of the reasons for this growth is that the sector is independent of credit, which is scarcer in the months detected by the survey. The figures are from Fundação Getúlio Vargas. (Jornal do Brasil)