An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey

The informal economy is an obscure concept but it contains several economic transactions. It is a very difficult task to measure its size and dimensions, however economists have developed reliable methods to predict the size and impact of informal economy in a given country or economic region. Studi...

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Main Author: Mehmet Ela
Format: Article
Language:English
Published: EconJournals 2013-12-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31960/351966?publisher=http-www-cag-edu-tr-ilhan-ozturk
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author Mehmet Ela
author_facet Mehmet Ela
author_sort Mehmet Ela
collection DOAJ
description The informal economy is an obscure concept but it contains several economic transactions. It is a very difficult task to measure its size and dimensions, however economists have developed reliable methods to predict the size and impact of informal economy in a given country or economic region. Studies in Turkey and abroad indicate that informal economy in this country is considerably large and sprawling. Existence of informal economy is a significant problem in any country since it negatively affects the national economic system. So far, policies deployed to deal with the negative outcomes of informal economy in Turkey mainly focused on tax policies and wages. On the other hand, increased educational attainment and provision of contemporary educational programs should be considered as better means to reduce the size and negative impact of informal economy. However, before using education to solve problems related to informal economy, the educational system needs to be restructured along with other restructuring efforts in economy, politics and legal systems. Increased educational attainment should also contribute to resolution of such social problems as economic growth and unfair income distribution in the country.
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spelling doaj.art-3fcf3ef8a30f49049faef51b47f2d84b2023-02-15T16:08:26ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382013-12-01349109221032An Assessment on the Relationship Between Informal Economy and Educational Level in TurkeyMehmet ElaThe informal economy is an obscure concept but it contains several economic transactions. It is a very difficult task to measure its size and dimensions, however economists have developed reliable methods to predict the size and impact of informal economy in a given country or economic region. Studies in Turkey and abroad indicate that informal economy in this country is considerably large and sprawling. Existence of informal economy is a significant problem in any country since it negatively affects the national economic system. So far, policies deployed to deal with the negative outcomes of informal economy in Turkey mainly focused on tax policies and wages. On the other hand, increased educational attainment and provision of contemporary educational programs should be considered as better means to reduce the size and negative impact of informal economy. However, before using education to solve problems related to informal economy, the educational system needs to be restructured along with other restructuring efforts in economy, politics and legal systems. Increased educational attainment should also contribute to resolution of such social problems as economic growth and unfair income distribution in the country.https://dergipark.org.tr/tr/pub/ijefi/issue/31960/351966?publisher=http-www-cag-edu-tr-ilhan-ozturkinformal economy education informal employment
spellingShingle Mehmet Ela
An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
International Journal of Economics and Financial Issues
informal economy
education
informal employment
title An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
title_full An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
title_fullStr An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
title_full_unstemmed An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
title_short An Assessment on the Relationship Between Informal Economy and Educational Level in Turkey
title_sort assessment on the relationship between informal economy and educational level in turkey
topic informal economy
education
informal employment
url https://dergipark.org.tr/tr/pub/ijefi/issue/31960/351966?publisher=http-www-cag-edu-tr-ilhan-ozturk
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