Going underground: how the underground economy sustains prosperity? Selected ref
ID: 1101565 • Letter: G
Question
Going underground: how the underground economy sustains prosperity?
Selected references to read:
i) Barta, Patrick. " The Rise of the Underground Economy." Wall Street journal, March 14-15, 2009.
ii) Caruso, David B. In NYC, Cash and Connection can get you a Kidney. Associated Press, August 20, 2009.
iii) The economist Magazine: "The black Market, Notes from underground world" http://www.economist.com/node/13415223?story_id=13415223
Upon reading the articles listed above post your initial response with a minimum of 150-250 words (divide into multiple paragraphs) why the underground economy is thriving? Why do people risk their life?
Explanation / Answer
THERE is general consensus worldwide that poverty is an enemy of all humanity and that it has to be eliminated or at least ameliorated wherever it exists.
This explains why there have been concerted efforts by governments and other key stakeholders the world over in a bid to eliminate poverty.
The United Nations (UN) secretary-general Ban Ki-moon has been quoted saying,
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