Informal economy

  • © Erdélyi Attila

    Although it is difficult to assess the extent of undeclared work in Central and Eastern Europe, recent findings indicate that informal employment is widespread in the Western Balkans and Moldova and also in other Central and Eastern European countries. For example, the latest ILO studies have revealed that over 30 per cent of the total workforce is employed informally in the construction sector of Albania and Bosnia and Herzegovina, as well as in the overall economy of Montenegro and Moldova. More