ASSESSMENTS

The Paradox of Italy's Informal Economy

MIN READAug 15, 2012 | 12:54 GMT

Italian protesters in Rome

FILIPPO MONTEFORTE/AFP/Getty Images

The irregular economy is a serious challenge for Rome because it limits the government's ability to reduce its deficit and improve its budgetary situation. But at the same time, irregular activities are helping some Italians mitigate the effects of the recession and therefore are staving off the widespread social unrest that has been seen in other eurozone peripheral countries. ...

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