State of the informal economy in Turkey by Economist Mahfi Eğilmez
The informal economy is an area that is underdeveloped, on its way, and whose economies are followed and struggled.
Former Undersecretary of Treasury and Economist Dr. Mahfi Eğilmez, growing up on his personal blog “The Size of the Shadow EconomyHe published an article with the title “
Emphasizing the informality of all the income earned or the education obtained without participating in a payment, Eğilmez said, “How can this learner not expect to pay enough to learn the minimum wage employed by a lawyer. At the same time, it stays in the system by staying out of the insurance premium.
“THE MOST KNOWN EXAMPLE OF PILLOW ASSETS”
If it is not downloaded from the system in which it is registered, a vehicle that cannot be converted into an economy, that can be purchased, is thus benefited from the economy. A system up to foreign currency cannot be applied. The amount that has been used from the system cannot be applied to the system. Because this is an inconsistent loan, it cannot be spent, it cannot be spent and it does not contribute to production.
Eğilmez’s validity…
IGNORANCE IS ALSO DIFFERENT INTO TWO: NON-TAX, NON-GOVERNMENTAL ACCOUNTS
“Income, if it is made by hand and not paid, is tax-free. It looks like a tradesman shows him only twenty of his sales, if he does not show the remaining eighty, then the income obtained from those eighty goods will be excluded from the income, this detailed income. These goods are subject to VAT. non-tax percentage – 90, however this non-tax clothe level of production and its income gains expenditure can be counted in some way.
The most popular form of informality is traffic smuggling, unsafe jobs, earnings from activities such as usury, entertainment. most of them are targeted criminal acts. On the other hand, outside the system does not constitute a crime if it appears from the point of view of the record. Methods of earnings from selling prices. For the vast majority of that transport economy, it is primarily measured informally. You can benefit from uncovering these gains, which do not affect the non-system economy, without confrontation for education.
Utilizing a material that is uniform for use by Europe by the IMF, the nationwide design is referenced in order from the most comprehensive to the highest of the non-implemented plan. According to the table, the most limited informality among these countries is in Austria. It is followed by Switzerland and the United Kingdom. The highest informality rate is in Bosnia and Herzegovina. It is followed by Greece and Turkey. It is interesting that in 2016, Bosnia and Herzegovina had an informal economy of 6 billion dollars, with a GDP of 17 billion dollars, and an informal economy of 58 billion dollars in Greece, whose GDP was 193 billion. The volume of informal economies in Germany is higher than the GDP of most countries in Europe. Schools such as Sweden and Finland have a high rate of 18-20 percent in school award points to be shown in many competitions. In the design of this design, he undertakes the design of the exterior. Italy’s informality rate exceeding 30 percent, because the informality rate of 17 percent in a disciplined economy like Germany is surprising.
Turkey exhibits an economy that ranks among the records in this field, with a rate of 30 percent that is not found in the country. We see that the informal economy has reached a very high amount of $257 billion at 2016 prices.”
Taken from Mahfi Eğilmez’s personal blog.