A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE

Journal Title: CES Working Papers - Year 2013, Vol 5, Issue 4

Abstract

Shadow economy affects all country around the world. European countries are affected by undeclared work, under-reporting and tax evasion. This phenomenon increases from West to East, the most affected being the Balkan area. The size of shadow economy is growing due to government actions, such as regulation and tax implementation. From a macroeconomic perspective, the economic cycle sustain the shadow economy levels. To combat this phenomenon it is necessary to adopt electronic payments, to reduce tax implementations and social contributions, to bring encouragement in cash deposits use and broaden credit cards.

Authors and Affiliations

Loredana Maftei

Keywords

Related Articles

BENCHMARKING – BETWEEN TRADITIONAL & MODERN BUSINESS ENVIRONMENT

The concept of benchmarking requires a continuous process of performance improvement of different organizations in order to obtain superiority towards those perceived as market leader’s competitors. This superiority can...

The vicious circles of development through dependence. an interpretation of the Romanian nineteenth century economy

In the last decades, the academic debate on the origins of the economic gap between nations divided deeply historians, sociologists and economists as well. Dependencia theorists pointed exogenous causes for Latin America...

A business case for sustainable development

The aim of the paper is to show that there is a business case for sustainable development and how this concept interacts with corporate social responsibility. Although SD was originally a macroeconomics concept it is mor...

TRUST, CORRUPTION, BRIBES AND ECONOMIC DEVELOPMENT IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

The evolution of the Western world has drawn on theoretical structures of classical and neoclassical liberalism for its explanatory support and sources of inspiration for centuries. Against this ideological background, i...

 THE EUROPEAN UNION’S EXTERNAL AFFAIRS POLICY – THE HIGH REPRESENTATIVE OF THE UNION FOR FOREIGN AFFAIRS AND SECURITY POLICY – A FAVORABLE FRAMEWORK FOR CREATING A SINGLE VOICE FOR THE EUROPEAN DIPLOMATIC SYSTEM OR JUST A NEW BUREAUCRATIC STRUCTURE?

 Starting with the Lisbon Treaty, which establishes the new European diplomatic landscape structure, this paper analyses the difference between the objectives expressed in the treaties governing the European Union's...

Download PDF file
  • EP ID EP115592
  • DOI -
  • Views 123
  • Downloads 0

How To Cite

Loredana Maftei (2013). A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE. CES Working Papers, 5(4), 548-555. https://europub.co.uk/articles/-A-115592