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The big fat Greek bailout
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07-15-2015, 04:31 PM
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Hack&Lube
Atomic Nerd
Join Date: Jul 2004
Location: Calgary
Exp:
Quote:
Originally Posted by
polak
source?
3.5% of GDP for Canada vs. 24% of GDP in Greece.
Canadian numbers:
http://www.cra-arc.gc.ca/nwsrm/fctsh...50501-eng.html
Greek numbers:
http://www.economist.com/news/financ...isky-treasures
http://www.ekathimerini.com/151816/a...study-suggests
That economist article is pretty damning if true. 2 out 3 Greeks under report or don't report at all.
According to your article, the Canadian Underground Economy is stable at ~2.3% of GDP, not 3.5%
Googling around, most articles/studies are claiming the underground/shadow economy of Greece is ~25% of GDP
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