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- Title
EXPLAINING THE PREVALENCE OF THE INFORMAL ECONOMY IN THE BALTICS: AN INSTITUTIONAL ASYMMETRY PERSPECTIVE.
- Authors
WILLIAMS, Colin C.; HORODNIC, Ioana A.
- Abstract
Reporting a 2013 Eurobarometer survey ofparticipation in the informal economy across eight Baltir countries, this papet tentatively explains the informal economy from an institutional perspective fs associated with the asymmetry between the codified laws and regulations of the formal institutions (state morality) rnd the norms, values and beliefs of citizens (cmc morality). Identifying that this non-alignment of civic morality with the formai rulet is more acute "when there is grrater poverty fnd inequality, less effective redistribution and tower levels of state intervention in the labour market and welfare, the implications for theorising and tackling the informal economy are then discussed.
- Subjects
INFORMAL sector; CITIZENS; POVERTY; EQUALITY; SOCIAL contract
- Publication
European Spatial Research & Policy, 2015, Vol 22, Issue 2, p127
- ISSN
1231-1952
- Publication type
Article
- DOI
10.1515/esrp-2015-0029