Published February 15, 2025 | Version v1
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THEORETICAL BASIS OF REDUCING THE HIDDEN ECONOMY

Description

The article theoretically analyzes the concept of the hidden economy, its causes and strategies for its reduction. The hidden economy is considered a type of activity that is not included in official statistics, but has a significant impact on the economic life of the country. This article examines the main factors of the hidden economy, its negative consequences and advanced approaches to its reduction. It also discusses effective methods for reducing the hidden economy, including institutional reforms, improving the tax system and the development of the digital economy.

Keywords: hidden economy, informal sector, tax revenues, institutional reforms, economic growth, corruption, regulation, digital economy, labor market, public policy.

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