IDEAS home Printed from https://ideas.repec.org/a/rej/journl/v22y2020i76p72-79.html
   My bibliography  Save this article

The Connection between Corruption and the Underground Economy- An Obstacle on Innovation and Development of the Business Environment

Author

Listed:
  • Maria Nitu
  • Dorel Paraschiv
  • Mihaela-Sorina Dumitrescu
  • Iulia Oana Florea

Abstract

This article presents the two phenomena of economic financial crime: corruption and the underground economy, which have managed to expend internationally. The current context has allowed the emergence and the development of this phenomena into the society, the public sector and the business environment that generates a decrease of investments, innovation and research at national, European level. In this article we have presented some elements of the literature review on corruption and on the underground economy, as well as the direct and strong connection between the two and the impact of corruption and the underground economy in the innovation and development of the business environment at the level of the European Union. The research methodology used in the elaboration of this article was the qualitative method.

Suggested Citation

  • Maria Nitu & Dorel Paraschiv & Mihaela-Sorina Dumitrescu & Iulia Oana Florea, 2020. "The Connection between Corruption and the Underground Economy- An Obstacle on Innovation and Development of the Business Environment," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 22(76), pages 72-79, June.
    • Handle: RePEc:rej:journl:v:22:y:2020:i:76:p:72-79
    as

    Download full text from publisher

    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2020-07-10/3605/6ynitumaria.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    corruption; underground economy; European Union; OECD; Transparency International Index;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rej:journl:v:22:y:2020:i:76:p:72-79. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radu Lupu (email available below). General contact details of provider: https://edirc.repec.org/data/frasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.