Genesis, structure and forms of shadow economy in Ukraine

Authors

DOI:

https://doi.org/10.21847/1728-9343.2014.5(131).30205

Keywords:

the shadow economy, the legal economy, the type of the shadow economy, the economic growth

Abstract

The paper explores the development specifics of the shadow economy in Ukraine. It is indicated that reforming of the national economy in the early 1990s without any adequate scientific rationale resulted in mechanical replication and implementation of the monetary regulation model of economic processes. Realization of foreign 'recipes' for economic reforming without regard to the national specifics (lack of experience in institutional handling of and legal support to market management; avalanchine breaking of economic relations, with the USSR ruined; consequences of the systemic crisis of the USSR national economy; inherited structural deformations; the technological crisis; the obsolete technological base; the unprofitable economy; the complex environmental situation) gave rise to emergence of new forms and methods of shadow economic activity.

Author Biography

Eugene Samojlenko, National Metallurgical Academy of Ukraine, Dnipropetrovsk

Cand. Sc. (Economics), Assistant Professor of the Political Economics Department

References

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Published

2014-11-15

How to Cite

Samojlenko, E. (2014). Genesis, structure and forms of shadow economy in Ukraine. Skhid, (5(131). https://doi.org/10.21847/1728-9343.2014.5(131).30205

Issue

Section

Economy