Romanian Underground Economy in the Regional Context

Authors

  • Bogdan Bacanu Transilvania University of Brasov, Romania

Keywords:

underground economy, DYMIMIC method, comparative evaluation, tax reform

Abstract

The paper discusses some quantitative and causal aspects of the Romanian underground economy after 1990. Few conceptual discussions are made in order to review the evaluation methods for the relative size of this part of economy. The evaluation’s relevance is estimated through international comparisons with other countries from immediate regional neighbourhood. An overview of main determinants of underground economy observed for the countries of the region suggests a set of theoretical solutions. The comparative approach is used to study the effect of these solutions.

Author Biography

Bogdan Bacanu, Transilvania University of Brasov, Romania

Dept. of Management and Economic Informatics

Published

2008-12-19

Issue

Section

INTERNATIONAL RELATIONS