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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: HB who wrote (4118)6/2/1998 12:18:00 PM
From: Zeev Hed  Respond to of 9980
 
HB, we may also want to add "underground economies" as well as drug economies to the equation (the latter actually being an integral part of the former). I do not know the situation here, but in Europe where tax rates are very high there are some countries where the underground economy is growing at twice the GNP rate and constitutes more than 10% of the GNP.

Zeev