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The Effects of The Hidden Economy in Sudan And its Reduction Strategies

Ibnouf, Abdel Muttalib Ali et al. · 2019
PhilArchive · Papers · 2019
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philosophy
The economic and social effects of the phenomenon of the hidden economy include that some of the funds practiced by the hidden economic activity result from evasion of payment of taxes owed to the state, which necessarily means the lack of resources available to the state to finance its economic and social development programs. Through the ability to secure goods at prices lower than the prices of goods in the official sector and this is generated by encouraging the growing phenomenon of counterfeiting and imitation, the basic premise that has been proven hidden economy affects the sustainable development of economic and social dimensions. The researcher relied on the analytical descriptive approach, which was concerned with describing the various aspects related to the effects of the hidden economy and the strategies adopted by the Sudan to limit it, with the aim of reaching logical results that enable the formulation of a proposed vision and solutions to the problem of study. This leads to the difficulty of correctly estimating the size of the variables of interest to policy makers, because it is difficult to measure and this has negative effects on estimating the rate of growth correctly, which leads to the development of policies that appear to be clear but in fact may Be the opposite. The researcher recommended based on the results should include the hidden economic activities that are linked to social and economic status characterized by poverty and unemployment within the integration approaches in the national economy taking into account the factor of creativity, the need to combat activities associated with organized crime and eliminate it and punish violators in strict application of laws Activation of deterrent laws and increase fines for those who They work in a hidden form, as well as those who employ them (informal employment) and show a greater degree of control and control of these forms of hidden employment.
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