The Connection between Corruption and the Underground Economy- An Obstacle on Innovation and Development of the Business Environment

Maria Nitu, Dorel Paraschiv, Mihaela-Sorina Dumitrescu and Iulia Oana Florea

Romanian Economic Journal, 2020, vol. 22, issue 76, 72-79

Abstract: This article presents the two phenomena of economic financial crime: corruption and the underground economy, which have managed to expend internationally. The current context has allowed the emergence and the development of this phenomena into the society, the public sector and the business environment that generates a decrease of investments, innovation and research at national, European level. In this article we have presented some elements of the literature review on corruption and on the underground economy, as well as the direct and strong connection between the two and the impact of corruption and the underground economy in the innovation and development of the business environment at the level of the European Union. The research methodology used in the elaboration of this article was the qualitative method.

Keywords: corruption; underground economy; European Union; OECD; Transparency International Index (search for similar items in EconPapers)
JEL-codes: D7 D73 E2 E26 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.rejournal.eu/sites/rejournal.versatech. ... 3605/6ynitumaria.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:rej:journl:v:22:y:2020:i:76:p:72-79

Access Statistics for this article

Romanian Economic Journal is currently edited by Ioan Popa, PhD

More articles in Romanian Economic Journal from Department of International Business and Economics from the Academy of Economic Studies Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Radu Lupu ().