ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES
Globalization and the development of information technologies have dramatically changed the space in which economic entities function and carry out their activities. However, despite all the advantages of modern technology and the fact that they allow to save transaction costs, many enterprises are...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2018-07-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/1090 |
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| author | E. Akopyan |
| author_facet | E. Akopyan |
| author_sort | E. Akopyan |
| collection | DOAJ |
| description | Globalization and the development of information technologies have dramatically changed the space in which economic entities function and carry out their activities. However, despite all the advantages of modern technology and the fact that they allow to save transaction costs, many enterprises are still prone to the use of cash in the implementation of various types of transactions. Transactions served in cash are easy to hide and not to declare, thus generating one of the most destructive phenomena in the society - the shadow economy, which includes activities deliberately concealed from the state authorities. The study of problems of the shadow economy growth and the identification of major reasons for it in the European Union countries is presented. |
| format | Article |
| id | doaj-art-9e019c1833554b7e9df7e84799ba08be |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2018-07-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-9e019c1833554b7e9df7e84799ba08be2025-02-04T08:27:56ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-07-0107768110.26425/1816-4277-2018-7-76-811090ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIESE. Akopyan0Russia-Armenian (Slavonic) UniversityGlobalization and the development of information technologies have dramatically changed the space in which economic entities function and carry out their activities. However, despite all the advantages of modern technology and the fact that they allow to save transaction costs, many enterprises are still prone to the use of cash in the implementation of various types of transactions. Transactions served in cash are easy to hide and not to declare, thus generating one of the most destructive phenomena in the society - the shadow economy, which includes activities deliberately concealed from the state authorities. The study of problems of the shadow economy growth and the identification of major reasons for it in the European Union countries is presented.https://vestnik.guu.ru/jour/article/view/1090shadow economydynamics of tax revenueseuropean countriescashthe ratio of the shadow economy to gross domestic product |
| spellingShingle | E. Akopyan ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES Вестник университета shadow economy dynamics of tax revenues european countries cash the ratio of the shadow economy to gross domestic product |
| title | ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES |
| title_full | ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES |
| title_fullStr | ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES |
| title_full_unstemmed | ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES |
| title_short | ТHE PROBLEMS OF THE SHADOW ECONOMY IN THE EUROPEAN UNION COUNTRIES |
| title_sort | тhe problems of the shadow economy in the european union countries |
| topic | shadow economy dynamics of tax revenues european countries cash the ratio of the shadow economy to gross domestic product |
| url | https://vestnik.guu.ru/jour/article/view/1090 |
| work_keys_str_mv | AT eakopyan theproblemsoftheshadoweconomyintheeuropeanunioncountries |