3. The recommendation to lower the participation in the shadow economy: Please provide at least 3 measures, which could be the most effective minimizing the participation of shadow economy:
unemployment
not making use of our raw material
corruption
1) strong and effective governance system development
2) the shadow economies should be accountable
1. regulation of economic activities
2. political stability
3. technological advancement
government officials must be more effective.
infrastructure should be well provided for.
corruption should be tackled.
manners should be taught at an early stage to avoid economic pollution...
low corruption
more industrialization
proper taxing
the government must be transparent about how public funds are being spent.
the government must fight against corruption.
people must be ready to change their mentalities.