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The dimension of the underground economy, in Romania, in the period after 1989

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  • Stela Toader

    (Romanian American University)

Abstract

In the period after 1989, the underground economy in Romania had a constantly ascendant evolution. In this article we think about the distinguishness of the underground economy level and of the real possibilities of Romanian economy through the dimension of the real total gross domestic product, providing a reason seriously enough to amplify the struggle against the phenomenon of the underground economy, especially as a result of our country’s integration in the European Union. Practically, starting with the 1st of January 2007, the internal struggle against the underground economy and the fiscal fraud (as assimilated phenomenon) becomes one of the interests of the community, because they will affect, from so on, no only the public budget but also the community’s.

Suggested Citation

  • Stela Toader, 2007. "The dimension of the underground economy, in Romania, in the period after 1989," Romanian Economic Business Review, Romanian-American University, vol. 2(1), pages 79-84, March.
    • Handle: RePEc:rau:journl:v:2:y:2007:i:1:p:79-84
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