The relations unshadowing in business activities: the economic and legal factors of security at the macroeconomic level
-
DOIhttp://dx.doi.org/10.21511/ppm.16(1).2018.40
-
Article InfoVolume 16 2018, Issue #1, pp. 428-436
- Cited by
- 1394 Views
-
172 Downloads
This work is licensed under a
Creative Commons Attribution-NonCommercial 4.0 International License
The paper analyzes the current state of the shadow relations in business activities in Ukraine. The purpose of the article is to investigate the current state of the shadow relations in business activity in Ukraine and abroad; find out the essence of the term “the relations unshadowing in business activity”, develop the suggestions, which are aimed at improving the scientific approaches to the economic and legal principles of the relations unshadowing in business activity as a factor of an influence at the macroeconomic level. The issue of sensitive motivation system creating is actualized for the purpose of the economic activities unshadowing. It is proved that it is impossible now to accurately assess the extent of the shadow economy. The economic and legal ways of improving the business unshadowing are proposed, as well as the integration of the relations unshadowing in the business activities into a system of safety factors at the macroeconomic level. Namely, the institutional and structural factors, including: an influence on the structural policy and mechanism of its implementation, possible changes in the structure of the public administration, institutional changes, management of the state corporate rights, as well as a new stage of denationalization of the property and the privatization; programmatic and strategic factors: the economic development strategy, targeted state programs, as well as the state programs of the social and economic development; financial, investment, competition, and innovation factors: the competition policy and its implementation, the state investment policy and its implementation, innovation policy and its implementation, as well as the impact on financial and economic processes in the state. Based on the research, the ways to improve the economic unshadowing issue are proposed, in particular through the introduction of changes to the existing regulatory legislation.
- Keywords
-
JEL Classification (Paper profile tab)K42, M21, O17
-
References20
-
Tables1
-
Figures2
-
- Figure 1. Four ‘colored’ zones of corruption in some countries in the world according to the ‘level of shadowing’ as a percentage of GDP (based on Schneider’s data, 2010)
- Figure 2. The relations unshadowing in business activities integrated into security factors within the management at the macroeconomic level
-
- Table 1. Forecasts of the size of shadow economies (% GDP) in some countries in the world according to ‘colored’ zones of corruption
-
- Bazylyuk, A. V., & Kovalenko, A. V. (1998). Shadow Economy in Ukraine. Kyiv: NDEI Minekonomiky Ukrainy [in Ukr.].
- Dreher, A., & Schneider, F. (2010). Corruption and the Shadow Economy: an Empirical Analysis. Public Choice, 144(1), 215-238.
- Dvoryaninov, A. V. (2013). Directions of Economy Unshadowing of Ukraine through the Use of tax Mechanisms. Finansovyi Prostir (Financial Space), 4(12), 151-156.
- The Association of Chartered Certified Accountants (2017). Emerging from the Shadows. The Shadow Economy up to 2025.
- Hubareva, I., Chmutova, I., & Maksimova, M. (2016). Ukrainian Economy Unshadowing as a Factor of the State Economic Security Management. Economic Annals-XXI, 159(5-6), 25-28.
- Is it Possible to Prevent Corruption in Ukraine? (2012).
- Iurchyshyn, V. (2013). Expert: 50 % Ukraine’s Economy is in a “Viscous Swamp” of the shadow.
- Lopashenko, N. A. (2003). The Escape of Capital from Russia and Its Return. Human resources. Moscow: Business-school “Intel- Synthesis”.
- Mazur, І. І. (2008). Economy Unshadowing as a Priority of Economic Security of Ukraine. Stratehichni Priorytety (Strategic Priorities), 3(8), 76-83.
- More than 116 billion Dollars WERE Illegally Exported from Ukraine for 10 Years (2015).
- On Approval of Guidance Calculating the Shadow Economy Level (2009). Order of the Ministry of Economy of Ukraine of Febr. 18, 2009 No. 123.
- On National Security of Ukraine (2003). Law of Ukraine of June 19, 2003 No. 964-IV. Vido¬mosti Verkhovnoi Rady Ukrainy (Collected Legislation of Ukraine’s Verkhovna Rada), 39(Art. 351).
- Quintano, C., & Mazzocchi, P. (2016). A Comparative Analysis in the EU Shadow Economy Using a DEA Model. Global Business and Economic Review, 18(3-4), 445-468.
- Schneider, F., Buehn, A., & Moutenegro, C. (2010). Shadow Economies All Over the World.
- Shevchenko, H. M. (2010). The Business Management in the Context of the Organizational Development. Visnyk Sumskoho Derzhavnoho Universytetu. Seriya Ekonomika (Bulletin of Sumy State University. Series Economy), 2, 63-72.
- Shevchenko, H. M., & Reznik, O. M. (2015). Ensuring the State Economic Security in the Area of Taxation: Agent-Based and Subject-Based Legal Approaches. Actual Issues of the Economics, 6(168), 167-172.
- The Government Estimated the Size of the Shadow Economy in Ukraine (2013).
- Trebicka, B. (2014). Mimic Model: a Tool to Estimate the Shadow Economy. Academic Journal of International Studies, 3(6), 295-300.
- Varnaliy, Z. S. (2014). Theoretical Principles of the Economy Unshadowing in Ukraine. Visnyk Vinnytskoho Politekhnichnoho Instytutu (Bulletin of Vinnytsya Polytechnic Institute), 1, 46-53.
- Williams, C. C., & Horodnic, I. A. (2015). Explaining and Tackling the Shadow Economy in Estonia, Latvia and Lithuania: a Tax Morale Approach. Baltic Journal of the Economics, 15(2), 81-98.