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Title | Shadow Investment Activity as a Factor of Macroeconomic Instability |
Authors |
Zolkover, A.
Georgiev, M. |
ORCID | |
Keywords |
macroeconomic stability макроекономічна стабільність макроэкономическая стабильность shadow economy тіньова економіка теневая экономика shadow investment activity теневая инвестиционная деятельность тіньова інвестиційна діяльність optimization model модель оптимізації модель оптимизации game theory теория игры теорія ігор |
Type | Article |
Date of Issue | 2020 |
URI | https://essuir.sumdu.edu.ua/handle/123456789/81662 |
Publisher | Sumy State University |
License | Creative Commons Attribution 4.0 International License |
Citation | Zolkover, A., Georgiev, M. (2020). Shadow Investment Activity as a Factor of Macroeconomic Instability. Financial Markets, Institutions and Risks, 4(4), 83-90. https://doi.org/10.21272/fmir.4(4).83-90.2020 |
Abstract |
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue countering shadow activities in the context of ensuring macroeconomic stability. The main purpose of the study is to determine the acceptable level of investment transactions with signs of fictitiousness, which corresponds to the balance between the level of shadowing of the national economy and its macroeconomic stability. The relevance of this scientific problem is that the shadow investment activities distorts the market mechanism and makes it impossible to attract financial resources for expanded reproduction in the country |
Appears in Collections: |
Financial Markets, Institutions and Risks (FMIR) |
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File | Size | Format | Downloads |
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Zolkover_Shadow_Investment.pdf | 877.87 kB | Adobe PDF | 1430998 |
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