SHADOW ECONOMY CHANNELS AND THEIR IMPACT ON MACROECONOMIC STABILITY
Анотація
This article summarizes the arguments and counter-arguments within the scientific discussion on combating shadow activity in the context of macroeconomic stability. The study's primary purpose is to identify the main channels of illegal economic activity and analyze their impact on economic growth. The urgency of solving this scientific problem is that the shadow activity distorts the market mechanism and creates non-competitive conditions for financial entities' functioning, thereby restraining economic and social development in the country. The authors analyzed the volume of the shadow economy in Ukraine according to the methods of the Ministry of Economy and F. Schneider. The article proposes distinguishing four channels of shadowing of the economy: tax, social, investment and institutional. As a result, recommendations are proposed to prevent or minimize illegal schemes in Ukraine in terms of separate shadowing channels.
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