LEGALIZATION OF THE SHADOW ECONOMY THROUGH FINANCIAL MECHANISMS IN UZBEKISTAN
Keywords:
legalization, shadow economy, financial mechanisms, tax reforms, Uzbekistan, digitalization, transparency, entrepreneurship.Abstract
The shadow economy in Uzbekistan significantly impacts macroeconomic stability, the tax base, and entrepreneurial development. This article analyzes financial mechanisms aimed at legalizing the shadow sector, including tax reforms, simplification of financial reporting, promotion of digitalization, and process automation. Special attention is given to international experience and its application in the context of Uzbekistan. The study offers recommendations to minimize the negative effects of the shadow economy on the national economy.
References
World Bank. "Tax Administration Reforms: Successful Cases from Central Asian Countries." 2023.
Committee on Statistics of the Republic of Uzbekistan. "Trends in Economic Legalization: Report for 2022."
Kaplanov R.R. "Digital Economy and Its Role in Reducing the Shadow Sector." Tashkent, 2023.
Organisation for Economic Co-operation and Development (OECD). "Transparency Tools in Tax Regulation."
