Conceptual Overview Of Shadow Economy: Socioeconomic Impact And Ramification On The Sustenance Of A Nation

Authors

  • Gopika G Amrita University

Abstract

Abstract

Shadow economy or informal economy is a crucial issue faced by the country in the present economic scenario. A prospering parallel economy makes the official statistics regarding unemployment,income, consumption etc inappropriate. Even a casual worker driving an unlicensed taxi at night as a second job, comes under parallel economy.

Author Biography

Gopika G, Amrita University

Lecturer

Commerce and Management

References

References

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Datta R. & Sundharam K.. (2004), Indian Economy (49th Ed), New Delhi: S. Chand & Company Ltd., 376 & 378â€379.

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http://www.imf.org/external/pubs/ft/issues/issues30/#1

Published

2016-07-01

How to Cite

G, G. (2016). Conceptual Overview Of Shadow Economy: Socioeconomic Impact And Ramification On The Sustenance Of A Nation. Innovare Journal of Business Management, 4(3), 1-2. Retrieved from https://innovareacademics.in/journals/index.php/ijbm/article/view/13157

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