The main currents (schools) of thought about the informal economy

Cristian Marinescu and Ileana VALIMĂREANU (mircioi)
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Cristian Marinescu: Romanian Court of Accounts
Ileana VALIMĂREANU (mircioi): Bucharest University of Economic Studies

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 3, 312-316

Abstract: Starting from the various interpretations of the concept of informality, which can be associated with both negative aspects (underground economy, tax evasion, undeclared work, lack of productivity, lack of social protection, unfair competition) and positive aspects (a source for the poor, who have no alternative), this paper aims to review the main conceptual debates over the term informality, opinions that can be synthesized in four currents or schools of thought, respectively: The dualist school, Structuralist School, Legalistic School and Voluntaristic School.

Keywords: the informal economy; fiscal system. (search for similar items in EconPapers)
JEL-codes: E26 O17 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:3:p:312-316

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