How Canberra rates with the world and other news and views for Tuesday 8 October

2014-10-08_oecdact
currencytogdp
  • Trying to glimpse the ‘grey economy’ – “Despite the growth of online and card payments, the ratio of currency to GDP in the UK has been rising. This column argues that rapid growth in the grey economy has been a key cause. The authors estimate that the grey economy in the UK could have expanded by around 3% of UK GDP since the beginning of the Global Crisis.”

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