Underground Economies

Explore the hidden dynamics of the underground economy in "Underground Economies" by Edgar L. Feige, published in 2007 by Cambridge University Press. This insightful collection of essays delves into the challenges of defining, measuring, and comprehending the implications of underground economies that have surfaced in developed nations across the globe.

With 392 pages of empirical analysis, the book invites readers to engage with various measurement techniques that tackle the complexities of a phenomenon often shrouded in obscurity. Feige critically evaluates alternative methods, offering a comprehensive understanding of the informal economic sector that many researchers strive to quantify.

Perfect for students, economists, and anyone interested in the nuances of economic history and the intricacies of informal financial mechanisms, "Underground Economies" provides essential insights into a pivotal aspect of modern economics.