THE SIZE OF NON-OBSERVED ECONOMY

Abstract

Non-observed economy exists in the whole world. There is a lot of scientific literature analysing non-observed economy. Scientists describe shadow economy from various points of view: economical, legitimate, social etc. This article analyses the definitions, conception and the size of non-observed economy. There are three chapters: the definition and conception of non-observed economy, methods of measuring the size of non-observed economy, the size of non-observed economy in the world.

Scientific problem: there are a lot of scientific works written until now about non-observed economy. But now we must develop the methodology how systemically to define and evaluate the non – observed economy.

Object of study: to systematize the opinion of scientists about non-observed economy and its size evaluation. Summarize the estimations of non-observed economy size in the world made by the scientists.

Methodology: methodical analysis and comparative method of study.