The Role of the Shadow Economy and Unaccounted GDP in the Regional Economy of Latvia

  • Andrey Jonkin Business Development, Baltic International Academy
Keywords: shadow economy, regional economy, unaccounted GDP

Abstract

The shadow economy is one of the most relevant problems of the modern economy. It is difficult to overestimate the influence of the shadow sector on the economy, but this influence is far from always negative. In some cases, the shadow economy brings positive changes to the development of the region. The article proposes to highlight new types of the shadow economy. In addition to the shadow economy, the author proposes to separately highlight unaccounted GDP and evaluate its impact on the region.

Published
2022-03-21
How to Cite
Jonkin, A. (2022). The Role of the Shadow Economy and Unaccounted GDP in the Regional Economy of Latvia. Public Administration and Regional Studies, 13(1), 37-45. Retrieved from https://gup.ugal.ro/ugaljournals/index.php/pars/article/view/5137
Issue
Vol 13 No 1 (2020): PARS
Section
Articles
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