There is a growing global consensus that the secrecy-havens - jurisdictions which undermine global standards for corporate and financial transparency - pose a global problem: they facilitate both money laundering and tax avoidance and evasion, contributing to crime and unacceptably high levels of global wealth inequality.
What can countries do in order to handle these problems?
The following publication by Joseph E. Stiglitz and Mark Pieth delivers answers to the question how to overcome shadow economy.
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