In this article, we emphasize the political causes of the crisis in order to evaluate not only
whether these have been the main factors behind the economic crisis (particularly over the …

The rising demand for reducing the shadow economy (SE) through financial development
(FD) has stimulated researchers worldwide. However, various issues that could affect the FD …

Corruption and shadow economy are two critical problems which feed each other and pose
an obstacle against the economic development of countries, especially those with weak …

The shadow economy has been a serious problem with varying dimensions in all the
income group economies and has significant adverse effects on the development of …

The Informal Economy: Measures, Causes, and Consequences provides a comprehensive
account of the economics of informality through the lenses of various economic …

While poorer countries have a much smaller public sector and correspondingly a smaller tax
burden than richer countries, their economic performance has not been necessarily better …

The existence of the shadow economy adversely affects stock market performance. Despite
considerable studies on the impact of the shadow economy on different macroeconomic …

Abstract [eng] The shadow economy (SE) is a global phenomenon that affects every country.
However, its forms and mechanisms may differ depending on a country's socio-economic …

The last decades, many scholars highlighted the shadow economic activities, regarding their
disadvantages (unemployment, impoverishment etc) and advantages (intensifies …

The recent economic crisis re-emphasizes the importance of the economic fluctuations. This
study investigates the role of shadow economy in combination with economic factors on the …