 THE SHADOW ECONOMY IN ROMANIA IN THE PERIOD 2007-2022. CAUSES, CONSEQUENCES, CHALLENGESNicoleta Mihaila
Journal of Financial and Monetary Economics, 2023, vol. 11, issue 1, 81-91 Abstract: In 2022, the underground economy of Romania was over 29% of the GDP, which places our country in the first positions among the member states of the European Union, as it happened in the last two decades. It is well known that its reduction would mean a significant source brought to the state budget, which would implicitly determine the reduction of Romania's current budget deficit. In this sense, in this paper, we have in view the analysis of some of the causes/sources and implications of the underground economy, its evolution in the last 15 years, as well as the presentation of some measures (which, for the authorities, can become real challenges in their implementation) so that to reduce it. We use an empirical and descriptive methodology, by referring to statistical data and bibliographic references from national and international specialized literature. Keywords: tax evasion; tax legislation; tax revenues; taxes; tax administration (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:11:y:2023:i:1:p:81-91 Access Statistics for this article More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
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