CORRUPTION AND THE SHADOW ECONOMY - EFFECTS ON A COUNTRY'S ECOMICAL DEVELOPMENT

Costin-Dan David and Danut-Dumitru Dumitrascu
Additional contact information
Costin-Dan David: Lucian Blaga University of Sibiu
Danut-Dumitru Dumitrascu: Lucian Blaga University of Sibiu

Revista Economica, 2021, vol. 73, issue Special, 100-115

Abstract: Corruption and the shadow economy represent an interesting and current topic in the field of business, because they are responsible for important economic and financial loses, for the governments and the economic and social future of one's country. Therefore, the current paper aims to underline the concepts of corruption and shadow economy, the main types of corruption and how the shadow economy manifests itself in different economical systems as well as some methods of analysing the shadow economy size. We are presenting some interesting results of a secondary data research developed in order to understand the impact of the corruption phenomena on the economical results of certain European countries, as well as assessing the evolution of the Corruption Perception Index in the EU and its impact in the population perception of corruption, combined with pointing out how the shadow economy reduces the value of the GDP, by providing a comparative analysis of different countries.

Keywords: corruption; shadow economy; economic development; management systems (search for similar items in EconPapers)
JEL-codes: E00 M0 (search for similar items in EconPapers)
Date: 2021
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://economice.ulbsibiu.ro/revista.economica/archive/73S07david&dumitrascu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:73:y:2021:i:special:p:100-115

Access Statistics for this article

More articles in Revista Economica from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Eduard Alexandru Stoica ().