search query: @author Klopf, P. / total: 1
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| Author: | Valencia, M. Klopf, P. Malovic, S. |
| Title: | Grey expectations |
| Journal: | Business Central Europe
1994 : FEB, VOL. 2:8, p. 7-9 |
| Index terms: | EXPECTATIONS ECONOMIC CONDITIONS EUROPE |
| Language: | eng |
| Abstract: | The grey economy has helped cushion Central and Eastern Europe from the worst of the economic transition. But it shouldn't become the habit of a lifetime. It's called the grey economy, the informal economy, the irregular economy and - the shadow economy. It's hailed as a cause of social stability in hard times, allowing households to get by a bit more comfortably, and denounced as an evil to be quashed. It's welcomed as a breeding ground for entrepreneurs, and frowned on as the twilight zone in which crooks operate. |
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