Underground Economies in Transition

ISBN 10: 0367075172 / ISBN 13: 9780367075170

Published by Routledge, 2020

New. Delivery takes 25-30 days. Excellent Customer Service. Seller Inventory # POD-646988

Synopsis:

Published in 1999, this work examines the crucial role played by unofficial and underground activities in the transitional economies of Central and Eastern Europe and new independent states. Countries undergoing radical transformations from socialism to capitalism experience fundamental changes in institutional rules governing property rights, government regulations, taxation and the appropriate conduct of public service. Underground and unofficial activities represents non-compliant economic behaviours involving evasion, avoidance, circumvention, abuse and/or corruption of the institutional rules as well as efforts to conceal these illicit behaviours from the view of public authorities. The book employs the conceptual framework of the new institutional economics to elaborate the theoretical relationship between underground activities and overall performance of transition economies. The social, cultural and economic causes of unofficial activities are examined as well as their consequences for economic policy and performance. Policy issues include the relationship between tax evasion and corruption, the underground economy and organized crime, state and regulation, and methods and consequences of legalization of the underground economy.

About the Author: Edgar L. Feige, Katarina Ott

Bibliographic Details

Title: Underground Economies in Transition
Publisher: Routledge
Publication Date: 2020
Binding: Soft cover
Condition: Brand New