Conceptual aspects of shadow economy

Part of : WSEAS transactions on business and economics ; Vol.7, No.2, 2010, pages 160-169

Issue:
Pages:
160-169
Author:
Abstract:
The paper tries to analyse the interaction between shadow and official economy. Because there is a real interest in defining shadow economies in economic literature the paper tries to present different point of views regarding the shadow economy definitions. Also, there are presented in details the illegal activities by emphasize the existent controversies about their inclusion in national account or not. The author also presents the causes and effects of the illegal side of global economy.
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Subject (LC):
Keywords:
shadow economy, official economy, hidden activity, tax evasion, black market, dualism
Notes:
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