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Formalizing the Shadow Economy in Serbia : Policy Measures and Growth Effects

Publication Date: 2015

ISBN: 978-3-319-13437-6

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The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and development of the shadow economy in Serbia and other Central and Eastern European countries are estimated using two different methods (the MIMIC method and household-tax-compliance method). Micro-estimates are based on a special survey of business entities in Serbia, which for the first time allows us to explore the shadow economy from the perspective of enterprises and entrepreneurs.


Subject: Business and Economics, Economics and Finance, Economic Policy, Public Economics, Economic Growth, Econometrics, Development Economics, Macroeconomics, Monetary Economics, Financial Economics, Enterprises, Policy measures, Serbia, Shadow economy