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A Brief Analysis Of The Shadow Economy In Europe

Listed author(s):
  • Loredana Maftei

    ()

    (Alexandru Ioan Cuza University of Iasi, Romania)

Registered author(s):

    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.

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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2013_V4_MAF.pdf
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    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 5(4) (2013)
    Issue (Month): 4 (December)
    Pages: 548-555

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    Handle: RePEc:jes:wpaper:y:2013:v:5:i:4:p:548-555
    Contact details of provider: Web page: http://cse.uaic.ro

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    1. Schneider, Friedrich, 2005. "Shadow economies around the world: what do we really know?," European Journal of Political Economy, Elsevier, vol. 21(3), pages 598-642, September.
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