Daily Archives: June 29, 2012

Informal Economy, Shadow Banking, Black Market update

Honestly, this is my favorite topic in the entire economics and finance universe, so much that if I were ever to do a PhD in economics (which I think at this point it’s safe to say I won’t), this is what I would do it on. I wish I had more time right now to get into the nitty gritty, but I don’t, so I’m just putting this here to fill my ongoing repository of all things oriented to economic dark matter.

Ceyhun Elgin and Oguz Oztunali have what appears to be an abstract of a new study on estimating the size of the global black market here.

The main headline seems to be Continue reading

Emerging & Frontier Markets Headlines 2012.06.29

Official explanation of deadly gunfight at Mexico City airport spurs questions — WaPo
Analysis: Nigeria’s Sovereign Wealth Fund — Nigeria Intel
Chinese Exporters Hoarding Dollars — WSJ
Growth map of 15 Frontier Markets — Citi via Business Insider
Continue reading