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The Coronavirus Pandemic and Europe’s Undeclared Economy: Impacts and a Policy Proposal
South East European Journal of Economics and Business ( IF 0.6 ) Pub Date : 2020-06-01 , DOI: 10.2478/jeb-2020-0007
Colin C. Williams 1 , Aysegul Kayaoglu 2
Affiliation  

Abstract The coronavirus pandemic has led to a loss of revenues for enterprises and workers due to workplace closures and restrictions on movement to ‘flatten the curve’. In response, governments have made available temporary financial support to enterprises and workers affected. This paper evaluates a group currently excluded from this support, namely enterprises and workers in the undeclared economy, and a possible government policy response. To identify those involved, a 2019 Eurobarometer survey of undeclared work in Europe is reported. This reveals that one in every 132 European citizens relies wholly on undeclared earnings and the sectors and population groups involved. Given their reduced revenues and inability to access the temporary financial support, a voluntary disclosure initiative is recommended which brings undeclared enterprises and workers into the declared economy and onto the radar of state authorities by offering access to this temporary financial support if they disclose their previous undeclared work.

中文翻译:

冠状病毒大流行与欧洲未申报的经济:影响和政策建议

摘要冠状病毒大流行由于工作场所关闭和限制移动以“拉平曲线”而导致企业和工人的收入损失。作为回应,政府已向受影响的企业和工人提供了临时的财政支持。本文评估了当前不属于这一支持范围的一个群体,即未申报经济中的企业和工人,以及政府可能采取的对策。为了确定涉案人员,据报道,2019年欧洲晴雨表对欧洲未申报的工作进行了调查。这表明,每132名欧洲公民中有1名完全依靠未申报的收入以及所涉部门和人口群体。鉴于他们的收入减少并且无法获得临时财务支持,
更新日期:2020-06-01
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