Currency Demand, the Underground Economy, and Tax Evasion: The Case of Guyana

Author/Editor: Faal, Ebrima
Publication Date: January 01, 2003
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: The persistence in Guyana of a substantial underground economy is an important consequence of economic and social policy over 1964-2000. The paper attempts to estimate the magnitude of, and changes to the underground economy in Guyana, as well as its adverse effect on tax collection, during this period.
Series: Working Paper No. 03/7
Subject(s): Currencies | Guyana | Tax evasion

Author's Keyword(s): Underground economy | Guyana | Tax Evasion
Publication Date: January 01, 2003
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA0072003 Pages: 30
US$15.00 (Academic Rate:
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