Friday, August 30, 2013

Term: The Shadow Economy

Term: The Shadow Economy
The shadow economy - a phenomenon that still has no clear scientific definition which is the subject of interest of researchers from the 30-ies of XX century. In my view, preferable to the term "shadow economy", which logically means any economic activity that is not officially registered by the authorized bodies. "Shadow" component of the economy - it's a way of economic relations, which develops in the community despite the laws, regulations, formal rules of economic life, ie is outside the legal framework. Present information in a term paper is an overview of the average size of the shadow economy, but even these data allow us to understand how far the shadow economy affects all areas of our lives. If you get more information, visit our site: BEST ESSAY CHEAP