A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE

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 reg...

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Main Author: Loredana Maftei
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2013-12-01
Series:CES Working Papers
Subjects:
Online Access:http://www.ceswp.uaic.ro/articles/CESWP2013_V4_MAF.pdf
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spelling doaj-e3d4b2e0b7a948c5981ebd749b064e4a2020-11-24T23:29:23ZengAlexandru Ioan Cuza University of IasiCES Working Papers2067-76932013-12-0154548555A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPELoredana Maftei0Faculty of Economics and Business Administration within Alexandru Ioan Cuza University of Iasi, RomaniaShadow 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.http://www.ceswp.uaic.ro/articles/CESWP2013_V4_MAF.pdfshadow economy; tax evasion; regulation; undeclared work; under-reporting
collection DOAJ
language English
format Article
sources DOAJ
author Loredana Maftei
spellingShingle Loredana Maftei
A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
CES Working Papers
shadow economy; tax evasion; regulation; undeclared work; under-reporting
author_facet Loredana Maftei
author_sort Loredana Maftei
title A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
title_short A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
title_full A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
title_fullStr A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
title_full_unstemmed A BRIEF ANALYSIS OF THE SHADOW ECONOMY IN EUROPE
title_sort brief analysis of the shadow economy in europe
publisher Alexandru Ioan Cuza University of Iasi
series CES Working Papers
issn 2067-7693
publishDate 2013-12-01
description 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.
topic shadow economy; tax evasion; regulation; undeclared work; under-reporting
url http://www.ceswp.uaic.ro/articles/CESWP2013_V4_MAF.pdf
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