Underground economy falls little in 2014 and should grow again in the country
ETCO and FGV / IBRE study shows that the informal market moved R $ 826 billion in 2014, equivalent to 16,1% of the Brazilian GDP
Watch the article dealing with the latest edition of the Underground Economy Index (IES), released by ETCO in conjunction with the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV / IBRE). According to the study, the informal market, which corresponds to the production of goods and services not deliberately reported to the government, generated R $ 826 billion in 2014, which corresponds to 16,1% of the country's Gross Domestic Product (GDP) and points to a slight reduction of 0,2 percentage point in relation to the previous year.
"ETCO stands out in the ethical defense of competition and in strengthening business morals"
What is the role of ethics in the country's development – and, in particular, what is the role of competitive ethics in this mission? Although with similar roots (ethos/mos), for common sense, in the world
Interview: Hamilton Dias de Souza
Hamilton Dias de Souza (*), member of the ETCO Advisory Board since its foundation, in an exclusive interview, evaluates the importance of competition ethics to improve the business environment in the country.