European Parliament Library

Formalizing the shadow economy in Serbia, policy measures and growth effects, Gorana Krstić, Friedrich Schneider, editors

Classification
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Mapped to
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Label
Formalizing the shadow economy in Serbia, policy measures and growth effects, Gorana Krstić, Friedrich Schneider, editors
Language
eng
Bibliography note
Includes bibliographical references (p. 171-177)
Main title
Formalizing the shadow economy in Serbia
Oclc number
910103183
Responsibility statement
Gorana Krstić, Friedrich Schneider, editors
Series statement
Contributions to economics
Sub title
policy measures and growth effects
Summary
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
Table of contents
Introduction / Krstić, Gorana -- The Shadow Economy: Challenges to Economic and Social Policy / Arandarenko, Mihail -- The Concept of the Survey of Businesses and Entrepreneurs Operating Informally / Krstić, Gorana -- Causes of the Shadow Economy / Arsić, Milojko (et al.) -- What Is the Extent of the Shadow Economy in Serbia? / Schneider, Friedrich (et al.) -- Shadow Economy in the Business and Entrepreneurial Sectors / Krstić, Gorana (et al.) -- Effects of Formalisation of the Shadow Economy / Arsić, Milojko (et al.) -- Analysis of the Administrative Capacity of the Institutions in Charge of Overseeing the Operations of Business Entities / Arandarenko, Mihail -- Main Findings and Recommendations / Krstić, Gorana (et al.) -- Executive Summary / Krstić, Gorana (et al.)

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