Mitigating shadow economy through dual banking sector development in Malaysia

• Main Authors: Habibullah, Muzafar Shah, Abdul Hamid, Baharom, Din, Badariah, Furuoka, Fumitaka
• Format: Book Section
• Language: English
• Published: Palgrave Macmillan 2017
• Online Access: http://psasir.upm.edu.my/id/eprint/63787/1/Mitigating%20shadow%20economy%20through%20dual%20banking%20sector%20development%20in%20Malaysia.pdf; http://psasir.upm.edu.my/id/eprint/63787/

Theory argues that as long as the shadow economy is of sufficient size, the leakage or loss of tax revenue through tax evasion will also be substantial. In this chapter, we provide new estimates of the size of the shadow economy in Malaysia for the period 1971–2013. Further, we relate the shadow eco...