GREY MARKET – PATHOLOGY OF ECONOMIC LIFE Cover Image

SZARA STREFA – PATOLOGIA ŻYCIA GOSPODARCZEGO
GREY MARKET – PATHOLOGY OF ECONOMIC LIFE

Author(s): Ewa Janik
Subject(s): Economy, Law, Constitution, Jurisprudence, Law on Economics
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: grey market; economy

Summary/Abstract: The grey market has existed almost always and everywhere, and to be more precise since introduction by the state a duty to pay tributes. The grey market in Poland is not a new phenomenon, but only in the 1980s it became an object of scientific research. The grey market is an important part of the economic life worldwide. The grey market requires fast and decided actions aiming at reducing its size, whereas the total liquidation of the grey market is unreal. It seems justified then to search for ways to limit it to the “natural” level. The aim of this paper is to indicate the areas where the grey market appears, to show the main reasons for its existence understood as an economic performance unreported for taxation and incomes not covered by the revealed sources of revenues. Thus, the grey market includes remunerative activity, of non-criminal character, performed without paying due duties and applicable taxes, and not complying with the binding legal norms.

  • Issue Year: 2010
  • Issue No: 09
  • Page Range: 41-55
  • Page Count: 15
  • Language: Polish