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eBook details

Title: Underground Economy Causes and Particular Manifestation (Report)
Author : Annals of DAAAM & Proceedings
Release Date : January 01, 2009
Genre: Engineering,Books,Professional & Technical,
Pages : * pages
Size : 66 KB

Description

1. INTRODUCTION In literature (Dobrota, 1999) other terms are used that aim to fasten the meaning of underground economy. One of them is the concept of black market. This term doesn't bring anything new. Even more, one can notice that the use of the adjective "black" is meant to underline the opaque character of this particular economy's activity. The use of the noun "market" intends to stress that merchandise transactions are involved. The concept of black market is narrower than the underground economy as it confines to those goods and services interchanged by means of the market.