Shadow economy: experience in fighting corruption and fraud in the EU

Abstract

Purpose: the current problems of the Russian shadow economy are largely due to their institutional nature. According to the authors of the article, corruption and fraud in Russia should be viewed not as local manifestations of latent relations between the authorities, society and business, but as the basic strategic institution of its economy. Discussion: the current system of parasitic relations based on shadow conspiracies leads to systemic disruptions and negative results of the socio-economic reforms carried out in Russia. Corruption and fraud undermine the foundations of the political system in Russia, they pose a real threat to national security and to the moral values of Russian society. In this regard, the most interesting for Russia may be the study of the EU experience in combating the shadow economy in terms of the creation and functioning of effective institutions and specialized bodies that counteract corruption and international fraud. Results: the article analyzes the experience of the European Union in counteracting the shadow economy, corruption and crimes in the economic sphere based on the activities of the European Anti-Fraud Office (OLAF).