Underground Economy The Rise Of The Shadow Economy - Softcover

Vartez, Fabian

Softcover

ISBN 13: 9798215894446

Verlag: Atelerix Creative Quill, 2022

Inhaltsangabe

During the 1960s, the underground economy began to be discussed as an important economic and social issue in western economies and the U.S.A. In the eighties it became a problem discussed in all economies worldwide. There has been increasing distress about the hidden (or underground) economy among the people, politicians, and social scientists in the last various years.

The underground economy, which consists of all deals on which applicable taxes are being evaded, points to misleading macroeconomic signals and thus the application of irrational economic policies. A useful and commonly used practical definition of the underground economy is: All economic activities that contribute to value-added should be incorporated in national income in terms of national accounting conventions but are not registered by national measurement agencies.

First, the definition of the underground economy will be given. Second, the positive and negative effects will be explained. In the last part, the works to measure the underground economy and the dimension of the underground economy will be mentioned.

The phenomenon of the informal economy is described under various names in the literature, indicating various features of it: parallel economy, informal economy, unobserved economy, shadow economy, second economy, underground economy, marginal economy, illegal economy, unrecorded economy, hidden economy, unreported economy, the unofficial economy, dual economy, etc. These changes make it difficult to make a common definition. The term "underground economy" is the most comprehensive definition in academic studies, including illegality.

Informal economy refers to all economic deals and activities entered in official records, cannot be documented through legal documents, and are not considered in calculations of Gross Domestic Product (GDP).

When you are done reading this book, you will have gained a lifetime of experience in just a few short hours. The stories are interesting to follow, and the challenging concepts have been made easy to understand. So get ready to broaden your horizons and adjust your expectations because you are in for one hell of a ride!

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Über die Autorin bzw. den Autor

Meet Fabian, a dynamic and driven freelance writer from Mexico. With a wealth of experience and a passion for exploring the intersection of technology, pop culture, and societal improvement, Fabian has established himself as a prominent voice in the literary world.  Fabian is particularly interested in how technology and the digital world are shaping our future and is always on the cutting edge of the latest trends and innovations. At the same time, he recognizes the importance of human connections and the role that relationships play in our lives. This combination of interests has resulted in insightful and thought-provoking writing that speaks to many readers.  In addition to his writing, Fabian is a true lover of pop culture and is an avid fan of video games and technology. He believes these interests are not just hobbies but important sources of inspiration for his work.  Despite his passion for the digital world, Fabian firmly believes that his loved ones always come first. He is deeply committed to his family and friends and prioritizes their well-being.  Fabian is a true force to be reckoned with and an inspiration to anyone looking to make a difference in the world through their writing. Whether he is exploring the latest tech advancements or sharing his wisdom on relationships, Fabian] is a gifted storyteller whose words have the power to touch hearts and change lives.

Details zur Ausgabe

• Verlag: Atelerix Creative Quill
• Erscheinungsdatum: 2022
• Sprache: Englisch
• ISBN 13: 9798215894446
• Einband: Taschenbuch
• Anzahl der Seiten: 202
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: preigu; mail@preigu.de; ; Lengericher Landstr. 19; Osnabrück; 49078; Deutschland