The Second Economy in Tanzania: its Emergence and Strategies of Control

Andrew S. Z. Kiondo

Chapter 11 in The Second Economy in Marxist States, 1990, pp 175-192 from Palgrave Macmillan

Abstract: Abstract The phenomenon variously referred to as the second economy, the underground economy, and the informal economy, is neither new nor peculiar to one world region only. However, its activities, mechanisms of operation, and magnitude of entrenchment within the dominant economy differ from country to country. As Tanzi states: ‘Incentives for growth of these activities increase with greater regulation of the economy, larger public sectors, and higher levels of taxation’ (Tanzi, 1983: 10).

Keywords: Foreign Currency; Price Control; Colonial Period; Underground Economy; Colonial Government (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20422-9_11

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DOI: 10.1007/978-1-349-20422-9_11

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