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How To Manage Underground Economy- Related Issues

Author

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  • Oana Simona Hudea

    (Faculty of Business and Administration , University of Bucharest, Romania)

Abstract

The aim of the paper is to reveal the main causes and consequences of the underground economy, seen as a mix between the shadow economy, reflecting the officially unreported monetary transactions, and the black economy, consisting in the criminal monetary transactions associated with the latter. Given that the underground economy, as a whole, can stand for and/or deepen the budgetary deficit of any country, by diminishing the level of revenues to the state budget, leading, as a consequence, to restrictions as to the public spending volume, thereby adversely influencing the living standard of its population, the focus of the study is related to laying, to a reasonable extent, the general framework, for limiting, via well-grounded macroeconomic fiscal policies and other related, targeted measures, the negative effects of the same.

Suggested Citation

  • Oana Simona Hudea, 2017. "How To Manage Underground Economy- Related Issues," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 25(1), pages 99-109, May.
  • Handle: RePEc:but:manage:v:25:y:2017:i:1:p:99-109
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    Cited by:

    1. Oana Simona HUDEA, 2017. "Methods To Quantify The Underground Economy," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 10, pages 117-121, December.

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