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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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