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Undeground economy; informal employment; informal economy; undeclared work; tax compliance; taxation; Moscow; Russia
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Full-Text Articles in Urban Studies and Planning
Beyond Competing Theories Of The Hidden Economy, Colin C. Williams
Beyond Competing Theories Of The Hidden Economy, Colin C. Williams
Colin C Williams
Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal economy. Until now, the common tendency among economic theorists has been to either universally privilege one theorisation over others, or to represent each theory as valid in different places. Design/methodology/approach – To evaluate their validity to the city of Moscow, a survey is reported involving 313 face-to-face interviews with inhabitants conducted …