THE SHADOW ECONOMY IN THE GLOBAL ECONOMY: PREVENTING LARGE-SCALE CORRUPTION AT THE STATE LEVEL AND DIGITALIZATION OF THE ECONOMY
Keywords:
Keywords: shadow economy, corruption prevention, economic digitalization, transparency, e-government.Abstract
Abstract: This article examines the role of the shadow economy in the global economic system, with a particular focus on large-scale corruption at the state level. It analyzes the impact of economic digitalization on reducing informal economic activities and enhancing transparency in public administration. The study highlights the importance of digital tools and e-government systems in preventing corruption and ensuring sustainable economic development.
References
1.NGUENA, C. L. (2019), On Financial Innovation in Developing Countries: The Determinants of Mobile Banking and Financial Development in Africa, Journal of Innovation Economics & Management, 29, 69-94.
2.NGUYEN, C. P., NGUYEN, B. Q., TRAN, D. T. L. (2022), The Internet, Economic Uncertainty, and the Shadow Economy: “The Good, the Bad, and the Unknown”?, International Social Science Journal, 73(247), 9-28.
3.NGUYEN, C. P., SCHINCKUS, C., NGUYEN, Q. B., TRAN, D. T. L. (2023), Digitalization and Informal Economy: A Global Evidence of Internet Usage, Journal of Industrial and Business Economics, 51(1), 1-37.
4.OECD (2021), Supporting the Digitalisation of Developing Country Tax Administrations, Forum on Tax Administration, OECD, Paris. Retrieved from www.oecd.org/tax/forum-on-tax-administration/publications-and-products/supporting-the-digitalisation-of-developing-country-taxadministrations.htm
5.PEDRONI, P. (2001), Fully Modified OLS for Heterogeneous Cointegrated Panels, in Nonstationary Panels, Panel Cointegration, and Dynamic Panels, Bingley, UK, Emerald Group Publishing Limited, 93-130.
6.PESARAN, M. H. (2004), General Diagnostic Tests for Cross Section Dependence in Panels, Working Paper 435 (CESifo).
