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

Ebrima Faal

No 03/7, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: Currencies; Guyana; Tax evasion (search for similar items in EconPapers)
Date: 2003-02-05
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