The Underground Economy in Romania

The article aims to present conceptually the underground economy, the appearance and the main characteristics of this phenomenon, especially within Romania. The underground economy is a difficult concept to set in terms of a strict definition. The main purpose is to maximize incomes indifferent to t...

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Main Author: Nițu Maria
Format: Article
Language:English
Published: Ovidius University Press 2018-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/16.pdf
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author Nițu Maria
author_facet Nițu Maria
author_sort Nițu Maria
collection DOAJ
description The article aims to present conceptually the underground economy, the appearance and the main characteristics of this phenomenon, especially within Romania. The underground economy is a difficult concept to set in terms of a strict definition. The main purpose is to maximize incomes indifferent to the means and methods used that contravene norms with social and legislative character. Thus, it can be said that the emergence of the underground economy coincided with the very emergence of the state which imposed norms, laws, rules related to its activity and taxpayers. In Romania, in the last years there has been a decrease in the size of the underground economy from 48.9% in 2006 to 38.4% in 2016.The phenomenon of the underground economy is present worldwide and can reach remarkable dimensions. The Government of Romania must take effective policy measures to counter this phenomenon and make it less attractive to work in the area of the underground economy.
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spelling doaj.art-a7f5e3050806400e96d3d284ca5e78c72022-12-21T19:07:24ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272018-01-01XVIII2173176The Underground Economy in RomaniaNițu Maria0The Bucharest University of Economic StudiesThe article aims to present conceptually the underground economy, the appearance and the main characteristics of this phenomenon, especially within Romania. The underground economy is a difficult concept to set in terms of a strict definition. The main purpose is to maximize incomes indifferent to the means and methods used that contravene norms with social and legislative character. Thus, it can be said that the emergence of the underground economy coincided with the very emergence of the state which imposed norms, laws, rules related to its activity and taxpayers. In Romania, in the last years there has been a decrease in the size of the underground economy from 48.9% in 2006 to 38.4% in 2016.The phenomenon of the underground economy is present worldwide and can reach remarkable dimensions. The Government of Romania must take effective policy measures to counter this phenomenon and make it less attractive to work in the area of the underground economy.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/16.pdfRomaniaunderground economycorruptiontaxgovernment
spellingShingle Nițu Maria
The Underground Economy in Romania
Ovidius University Annals: Economic Sciences Series
Romania
underground economy
corruption
tax
government
title The Underground Economy in Romania
title_full The Underground Economy in Romania
title_fullStr The Underground Economy in Romania
title_full_unstemmed The Underground Economy in Romania
title_short The Underground Economy in Romania
title_sort underground economy in romania
topic Romania
underground economy
corruption
tax
government
url http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/16.pdf
work_keys_str_mv AT nitumaria theundergroundeconomyinromania
AT nitumaria undergroundeconomyinromania