Customs Payment Evasion and the Shadow Economy: Navigating Challenges in Ukraine’s War Context
Year: 2024
Type: article
Abstract: This article analyzes customs payment evasion in Ukraine amid the ongoing full-scale war and its economic implications. The shifting global financial landscape underscores the state’s crucial role in shaping foreign trade policies for supply chain security. The interaction between international organizations (WTO, IMF, OECD) and national customs regulations highlights the need for harmonized legal frameworks. The war has intensified customs enforcement challenges, resulting in increased evasion and a shadow economy that undermines state revenue. This research emphasizes the negative impact of the Russian invasion on Ukraine’s economic stability and the urgent need for effective tax compliance mechanisms, proposing strategies for improved enforcement and comprehensive reforms to enhance Ukraine’s economic resilience.
Source: Pryazovskyi Economic Herald
Author: Mykhailo Ishchuk
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4405196332