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Formalizing the Shadow Economy in Serbia - Policy Measures and Growth Effects (Hardcover, 2015 ed.)
Loot Price: R1,816
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Formalizing the Shadow Economy in Serbia - Policy Measures and Growth Effects (Hardcover, 2015 ed.)
Series: Contributions to Economics
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The main objective of this book is to develop a strategy and policy
measures to enhance the formalization of the shadow economy in
order to improve the competitiveness of the economy and contribute
to economic growth; it explores these issues with special reference
to Serbia. The size and development of the shadow economy in Serbia
and other Central and Eastern European countries are estimated
using two different methods (the MIMIC method and
household-tax-compliance method). Micro-estimates are based on a
special survey of business entities in Serbia, which for the first
time allows us to explore the shadow economy from the perspective
of enterprises and entrepreneurs. The authors identify the types of
shadow economy at work in business entities, the determinants of
shadow economy participation, and the impact of competition from
the informal sector on businesses. Readers will learn both about
the potential fiscal effects of reducing the shadow economy to the
levels observed in more developed countries and the effects that
formalization of the shadow economy can have on economic growth.
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