THE SHADOW ECONOMY: THE IMPACT ON THE ECONOMIC SECURITY OF THE STATE
Abstract
Economic security is an important aspect of the modern world order. In the context of globalization and the interdependence of the economies of various countries, ensuring stability and protecting national economic interests is becoming an integral task for States. This abstract draw attention to the main aspects of economic security and its impact on various spheres of public life. First, the concept of economic security and its relationship with political and social stability is considered. Then the factors affecting economic security are analyzed, such as global economic crises, cyber threats, instability of financial markets and others. Next, the role of the state in ensuring economic security through the development and implementation of appropriate political, economic and legal measures is considered. In addition, the annotation examines the consequences of economic insecurity, such as economic losses, social conflicts, inequality, migration crises and even threats to peace. The article will also consider concepts related to the shadow economy and its consequences.
References
https://www.banki.ru/wikibank/ekonomicheskaya_bezopasnost/
https://www.researchgate.net/figure/
https://www.bcg.com/publications/2023/unveiling-the-shadow-economy
https://wol.iza.org/articles/shadow-economy-in-industrial-countries/
https://wol.iza.org/uploads/articles/457/images/IZAWOL.127-chart4.png
"The Hidden Economy: The Quest for Unrecorded Economic Activity" by Edgar L. Feige
"Shadow Economies of Cinema: Mapping Informal Film Distribution" by Ramon Lobato
"The Informal Economy" by Alejandro Portes, Manuel Castells, and Lauren A. Benton