The impact of the institutional environment on the shadow economy

This article aims to explore the relationship of the shadow economy with the institutional environment and develop practical recommendations for government policies around the world, and particularly in Russia. The urgency of the issue under research is caused by the existing need to study the shadow economy in order to find ways to reduce its scale and level out its negative externalities. Despite the fact that most of the papers focus on tax burden as a fundamental determinant of the shadow economy, the authors of this article believe that institutional tools can expand the boundaries of research on the content of the shadow economy as an economic category. Statistical analysis of 105 countries with different development levels revealed a stronger correlation between the quality of institutions and the size of the shadow economy than the one between total tax burden and the size of the shadow economy. The findings of this article can be useful in developing state strategies for combating the shadow economy and carrying out economic policies of the state as a whole

Research of the Regional Service Market in Terms of International Economic Activity's Customs Registration

The article states the economic essence of Ñustoms registration, its significance for the development of international economic activity in the present context. The customs' service development problem relevance is stipulated by the necessity to develop any state's international economic activity. Key trends of the service market development in the customs sphere have been revealed, the perspectives of subjective development of complex services in the customs sphere have been defined in terms of the carried out retrospective as well as the structural and functional analysis. The regional service market in terms of customs registration, its dynamics and structure, its interrelations and interdependencies have been examined using economic and mathematical methods. Keywords: International economic activity; Customs service; Customs representative; Services in the customs sphere. JEL Classifications: C01; F18; L1