AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA
Shadow economy affected for a long time Romania, even since the old regime. During the period 1995-1996, the expansion of this phenomenon has become more serious. Along with Bulgaria, Romania is the second most affected country in the Eastern part of Europe, the shadow economy reaching around 28% of...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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Alexandru Ioan Cuza University of Iasi
2014-04-01
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| Series: | CES Working Papers |
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| Online Access: | http://www.ceswp.uaic.ro/articles/CESWP2014_VI1_MAF.pdf |
| _version_ | 1811298709245263872 |
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| author | Loredana Maftei |
| author_facet | Loredana Maftei |
| author_sort | Loredana Maftei |
| collection | DOAJ |
| description | Shadow economy affected for a long time Romania, even since the old regime. During the period 1995-1996, the expansion of this phenomenon has become more serious. Along with Bulgaria, Romania is the second most affected country in the Eastern part of Europe, the shadow economy reaching around 28% of national GDP. This process is boosted by a high level of tax evasion, black labor and overregulation. With the ascension into EU, Romania made considerable efforts to combat the underground economy through a increase of electronic payments, credit card and deposit use. |
| first_indexed | 2024-04-13T06:24:16Z |
| format | Article |
| id | doaj.art-12c22991de87433a9e9ef0d804d18166 |
| institution | Directory Open Access Journal |
| issn | 2067-7693 |
| language | English |
| last_indexed | 2024-04-13T06:24:16Z |
| publishDate | 2014-04-01 |
| publisher | Alexandru Ioan Cuza University of Iasi |
| record_format | Article |
| series | CES Working Papers |
| spelling | doaj.art-12c22991de87433a9e9ef0d804d181662022-12-22T02:58:29ZengAlexandru Ioan Cuza University of IasiCES Working Papers2067-76932014-04-0161110116AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIALoredana Maftei 0culty of Economics and Business Administration within Alexandru Ioan Cuza University of Iasi, RomaniaShadow economy affected for a long time Romania, even since the old regime. During the period 1995-1996, the expansion of this phenomenon has become more serious. Along with Bulgaria, Romania is the second most affected country in the Eastern part of Europe, the shadow economy reaching around 28% of national GDP. This process is boosted by a high level of tax evasion, black labor and overregulation. With the ascension into EU, Romania made considerable efforts to combat the underground economy through a increase of electronic payments, credit card and deposit use.http://www.ceswp.uaic.ro/articles/CESWP2014_VI1_MAF.pdfshadow economy; overregulation; black labor; tax evasion |
| spellingShingle | Loredana Maftei AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA CES Working Papers shadow economy; overregulation; black labor; tax evasion |
| title | AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA |
| title_full | AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA |
| title_fullStr | AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA |
| title_full_unstemmed | AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA |
| title_short | AN INTRODUCTION TO THE UNDERGROUND ECONOMY OF ROMANIA |
| title_sort | introduction to the underground economy of romania |
| topic | shadow economy; overregulation; black labor; tax evasion |
| url | http://www.ceswp.uaic.ro/articles/CESWP2014_VI1_MAF.pdf |
| work_keys_str_mv | AT loredanamaftei anintroductiontotheundergroundeconomyofromania AT loredanamaftei introductiontotheundergroundeconomyofromania |