10 janeiro 2003

ECO-TERROR
The 'New' Economy? Fast-growing 'underground economy' plays a larger role in tough times.
While economists have long estimated that the U.S. underground economy equals about 10 percent of GDP, there are reasons to believe the size may be larger. According to a recent International Monetary Fund survey of 21 countries, the shadow economy has been growing for 30 years--the fastest in the 1990s--doubling from less than 10 percent of gross domestic product (GDP) in 1970 to 20 percent or more by 2000.
"In the United States, for example, the shadow economy doubled from 4 percent of GDP in 1970 to 9 percent in 2000," according to IMF.