1.

Record Nr.

UNISA996208605603316

Autore

Krstić Gorana

Titolo

Formalizing the Shadow Economy in Serbia [[electronic resource] ] : Policy Measures and Growth Effects / / edited by Gorana Krstić, Friedrich Schneider

Pubbl/distr/stampa

Cham, : Springer Nature, 2015

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015

ISBN

3-319-13437-X

Edizione

[1st ed. 2015.]

Descrizione fisica

1 online resource (IX, 179 pages) : illustrations

Collana

Contributions to Economics, , 1431-1933

Disciplina

338.9

Soggetti

Economic policy

Public finance

Economic growth

Econometrics

Development economics

Macroeconomics

Economic Policy

Public Economics

Economic Growth

Development Economics

Macroeconomics/Monetary Economics//Financial Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Introduction -- Shadow Economy: Challenges to Economic and Social Policy -- Concept of the Survey of Enterprises and Entrepreneurs Operating Informally -- Causes of the Shadow Economy -- What Is the Extent of the Shadow Economy in Serbia? -- Shadow Economy in the Enterprise and Entrepreneur Sector -- Effects of Formalization of Shadow Economy -- Analysis of the Administrative Capacity of Oversight Bodies -- Main Findings and Recommendations for Formalising the Shadow Economy.

Sommario/riassunto

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.