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Date : Tuesday, 10 September 2019

Shadow Economy: Are the Stop Signs In Place?

Date: Tuesday, 10 September 2019 12:00 - 14:00

Venue: Radisson Red Brussels, Rue d'Idalie 35, 1000 Brussels

Kindly register for this event at https://forms.gle/TkrAAUeZnStAfrx58


About the event:


Even in times of rapid economic grwoth many EU states struggle in their fight with illicit trade and undeclared labour. The risk of growth of the shadow economy may begin to rise as economic forecasts worsen.


What drives illicit trade and the undeclared labour market? What causes come to play the most in the illegal excise goods market: is it taxes and regulation, public justification of the shadow economy, or flawed detection and penalties? Finally, are governmants using the right strategies to counteract illicit economic activity?


New empirical research from the Lithuanian Free Market Institute provides unique evidence of the actual drivers of the shadow exonomy from a comprehensive cross-country perspective.


The event will discuss key arguments that should underlie EU decision making if we are to see any breakthrough in minimizing the staggering and disturbing differences in levels of illicit trade and labour among member states,



Thomas Ilka, Director European Dialogue @FNF Europe



Prof. Dr. Friedrich Schneider, Johannes Kepler University of Linz


Vytaztas Zukauskas, VP Lithuanian Free Market Institute



Aleksander Laszek, Chief Economist Civil Development Forum


Ieva Valeskaité, Policy Expert Lithuanian Free Market Institute


Svenja Hahn, MEP Renew Europe


Heinu Jansen, DG ECFIN European Commission 


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All Dates

  • Tuesday, 10 September 2019 12:00 - 14:00

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