Legalization of Shadow Economic Activity in Russia

DOI

10.2991/iscfec-18.2019.213How to use a DOI?

Keywords

shadow economic activity, legalizing the shadow economy, factors of shadow activity, multiplier of corruption seizures, supervisory authorities

Abstract

The publication examines the current issues of a legal policy in relation to the shadow economy. The authors also estimate certain factors and conditions of shadow economy’s determination. The scholars propose legal measures, institutional and economic arrangements to insure the rule of law addressed to business. The researchers observe a model of macroeconomic balance that incorporates the amount of the recovery of corruption proceeds and its effect. The paper makes the case for developing a long-term state strategy for the shadow business sector’s shift to the formal economy. Moreover, it justifies the necessity for total monitoring the status and trends of shadow economic dynamism.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - T. Krasota
AU  - R. Bazhenov
AU  - O. Polivaeva
PY  - 2019/01
DA  - 2019/01
TI  - Legalization of Shadow Economic Activity in Russia
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 931
EP  - 935
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.213
DO  - 10.2991/iscfec-18.2019.213
ID  - Krasota2019/01
ER  -