Economic crisis and its impact on the informal economy Cover Image

Економската криза и одразот врз неформалната економија
Economic crisis and its impact on the informal economy

Author(s): Jovan Pejkovski
Subject(s): Supranational / Global Economy, Economic policy, Economic development, Human Resources in Economy
Published by: Филозофскиот факултет во Скопје
Keywords: economic crises; informal economy; business activities; unemployment;

Summary/Abstract: The current economic crises created numbers of changes in the processes of working and leaving. Beside the legal economic transaction and businesses new forms of dynamic activities which belong to the informal economy were erased. The presence of informal economy and its impact are well known but in the period of crisis these influences are increasing. That is the base for highlighting the impact of the economic crisis on the new forms of informal economy, especially among the social categories of citizens which are unemployed or in condition of risks, or belong in to the groups for which the society have obligation to take care. Starting from the findings that are present in the broader framework in this article is presented the bases that generated informal economy and also the different categories of people which created their existence in this sphere. The role of the system in producing the possibilities for informal economy is presented. Also the measures that should be taken for transferring the informal in to the formal economy are explained.

  • Issue Year: 2009
  • Issue No: 4
  • Page Range: 339-354
  • Page Count: 16
  • Language: Macedonian