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Presenting the results of the shadow economy survey in Ukraine while reflecting on the future(s) of informality studies

Author

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  • Abel Polese
  • Gian Marco Moisé
  • Olha Lysa
  • Tanel Kerikmäe
  • Arnis Sauka
  • Oleksandra Seliverstova

Abstract

Reflecting on the results of the shadow economy survey, as conceptualized by Putnis and Sauka and implemented in Ukraine in 2019 for the first time, the goal of the current article is two-fold. First, it offers an overview of the results for the years 2017 and 2018 and estimates the shadow economy in the country at 38.3% of GDP for 2017 and 38.5% for 2018. Second, it suggests possible advantages in the use of direct methods to estimate the level of the shadow economy in a country and explore the motives pushing entrepreneurs to remain in the shadow. The discussion is then framed to conceptualize the distinction between shadow economy and informality. We conclude by suggesting that a better understanding of the entangled relations lying behind the reasons to stay in the shadow can help us better address the issue and propose measures that could help bring business out of the shadow.

Suggested Citation

  • Abel Polese & Gian Marco Moisé & Olha Lysa & Tanel Kerikmäe & Arnis Sauka & Oleksandra Seliverstova, 2022. "Presenting the results of the shadow economy survey in Ukraine while reflecting on the future(s) of informality studies," Journal of Contemporary Central and Eastern Europe, Taylor & Francis Journals, vol. 30(1), pages 101-123, January.
    • Handle: RePEc:taf:cdebxx:v:30:y:2022:i:1:p:101-123
    DOI: 10.1080/25739638.2022.2044585
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    Cited by:

    1. Maria Blikhar & Valerii Syrovatskyi & Ulyana Bek & Maria Vinichuk & Lesia Kucher & Maryana Kashchuk, 2023. "Shadow Economy vs Economic Security: Trends, Challenges, Prospects," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 130-147.

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