The Shadow Economy

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Recently a news story broke that exposed the names of thousands of people and companies that maintain off-shore bank accounts to effectively avoid taxation, resulting in billions of dollars of lost governmental income that would otherwise be spent on improving the overall economic situation. This secret hoard of money is known as the Shadow Economy. In an effort to simplify a vast and complex network of international finance, this infographic was designed to give quick glimpse into the sheer size of the Shadow Economy, as well as the overall tax loss, via the ten countries with the largest shadow economies.

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