THE NATURE OF THE SHADOW ECONOMY, ITS CHALLENGES, AND ITS INFLUENCE IN DEVELOPING COUNTRIES' ECONOMIES

Authors

  • Azamov Sulaimon Mamatisakovich Andijan Machine-Building Institute Uzbekistan, Andijan city
  • Shokirova Sarvinoz Oybekovna Andijan Machine-Building Institute Uzbekistan, Andijan city

Keywords:

Shadow Economy, Shadow Sector Of The Economy, Tax Rates

Abstract

The shadow economy is a concern in every state. It should be acknowledged that overcoming the shadow economy is one of the most pressing issues facing state regulation and administration. The shadow economy is defined as economic activity that is intentionally concealed from the government and public. This activity occurs outside of the purview of governmental regulation and accountability. This article discusses the shadow economy, its challenges, and its importance in emerging countries' economies

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Published

2022-08-22

Issue

Vol. 13 (2022): WBSS

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

THE NATURE OF THE SHADOW ECONOMY, ITS CHALLENGES, AND ITS INFLUENCE IN DEVELOPING COUNTRIES’ ECONOMIES. (2022). World Bulletin of Social Sciences, 13, 26-29. https://www.scholarexpress.net/index.php/wbss/article/view/1279