Tougher penalties

ECONOMISTS believed that the size of the underground economy affect to some degree the gross domestic product (GDP) while criminologists recognise that there are clear links between underground economy and organised crime.

The underground economy, or shadow economy or black economy, is often associated with criminal activities including smuggling of weapons, tobacco, drugs, prostitution, gambling, illegal online gaming, counterfeiting passports and human trafficking. The underground economy has considerable significant impact on a country’s economy.

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