Treaties about free trade are not about free trade, but about managed trade. They are the result of thinking in the frames of the 300-years old mercantilist philosophy, which considers export to be the source of wealth and import to be the price paid for that wealth.
The Centre for Economic and Market Analyses published a study about the shadow economy in the Czech Republic. The study deals with the theoretical aspects of shadow economy, methodology and definition, it includes international comparison, determination of driven factors as well as provides a further analysis of chosen industries.
In 2014, the Czech economy did well. All reports have forecasted the same for 2015. The publication of the Czech Statistical Office dealing with the development of the Czech economy in the first quarter of 2015 confirms it. So how well did we do after all?