In June, ETCO-Instituto Brasileiro de Ética Concorrencial released the Subterranean Economy Index (IES), from the research it conducts in partnership with the Brazilian Institute of Economics of Function Getúlio Vargas (FGV / IBRE). The IES measures the size of informal activities, which include smuggling, counterfeiting, tax evasion and other illegal practices combated by ETCO.
The release of the index draws the attention of society and authorities to the problem. The most recent study, showing stagnation in the rate of decline in informality, obtained media coverage of 138% more vehicles than the previous survey. Next, see the highlights of the impact of IES in the media.