EXAMINE THE PROCESS AND OUTCOMES OF FORMALLY ACKNOWLEDGING AND REGULATING THE INFORMAL ECONOMY IN VARIOUS NATIONS
Abstract
Introduction. In order to diminish the informal economy, it is essential to
institute explicit regulations and laws while overseeing legal processes, alongside
the formal registration of activities. Tackling the shadow economy requires
enhancements in labor market standards and a thorough analysis of
macroeconomic indicators. Nevertheless, there is presently a scarcity of research
utilizing digital financial technologies.
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