CSD Policy Brief No. 20: Политики за противодействие на икономическата криза: динамика на скритата икономика 2009
CSD Policy Brief No. 20: Policies to Counter the Effects of the Economic Crisis: Hidden Economy Dynamics 2009

Author(s): Author Not Specified
Subject(s): Politics / Political Sciences, Social Sciences, Economy, Law, Constitution, Jurisprudence
Published by: Център за изследване на демокрацията
Summary/Abstract: The policy brief focuses on the impact of the governemnt measures put forward to counter the economic crisis and their effect on the hidden economy. The hidden economy has been a central topic for discussion in the public space upon each amendment to the economic legislation and particularly before elections or the passing of the national budget. Nevertheless, aside from the Annual Hidden Economy Index released by the Center for the Study of Democracy and a few sporadic analyses by other non-governmental, academic and business organizations, there is a lack of an adequate government system of ex ante and ex post impact assessment of the proposed measures to fight hidden activities of the wider economy. The adjustments of GDP done by the National Statistical Institute aiming to include hidden economy in the system of national accounts are not made public and do not serve as a basis for decision-making. Thus, public debates on hidden economy become little more than displays of rhetorical skills or actually serve completely different agendas rather than the implementation of measures to curb its negative impact.

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