The hidden economy and its impact on economic growth in Iraq for the period (2004-2019)
Lojain Aref Ali and Ahmed Dehyaa Khaleefah
The study aimed to measure the impact of the hidden economy on economic growth in Iraq for the period from (2004-2019) and those activities that generate all income that are not recorded in the national income accounts either to evade legal obligations or that these activities are fundamentally illegal. what is known as all illegal activities as well as income in its various forms obtained through the production of various goods and services that are not reported, whether these transactions are cash or carried out through a barter system, which are subject to tax in the event of reporting them, that phenomenon economy the hidden present in all Countries the world advanced and developing but in degrees varying and be in Countries developing more from it in countries advanced where arrive in countries developing to about 45% from total output National, but in countries advanced no arrive but to 14% from output Local total. One of the most important recommendations is to take procedures from its business Narrowing range economy the hidden and prevent its breadth. Facilitate get on Licenses and simplify procedures finance and commercial and work on use better devices electronic.
Lojain Aref Ali, Ahmed Dehyaa Khaleefah. The hidden economy and its impact on economic growth in Iraq for the period (2004-2019). Int J Finance Manage Econ 2024;7(2):284-293. DOI: 10.33545/26179210.2024.v7.i2.374