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The Way Ukraine`s Shadow Economy Operates

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CASE Ukraine`s senior economist Volodymyr Dubrovsky explained ‘Ukrlife.TV’ what a shadow economy is and the way it functions.

‘What is a shadow economy? This is an economy, which works and produces benefits to people. However, it does not pay taxes, – the expert comments. – When it gets a legal status, we will not have more wealth. We cannot count on the fact that we will live in a richer way. Maybe, only the budget will get more money’.

December 28, 2017