The Normality of Informality in Trade and Its Impacts

Dr. Sami Bensassi, from Birmingham Business School, gave a presentation at the IRC on the economics of informal trade.  After outlining how smuggling is defined under both U.S. and the Tunisian law, he assessed informal trade through two case studies, then took a closer look at the consequences.  The audience showed an interest in knowing the cost of informal trade in Tunisia and whether it has any effect on unemployment. The event culminated in a brainstorming session on the best ways to fight smuggling.