THE SHADOW ECONOMY IN KYRGYZSTAN

Firstly, precisely estimating of the shadow activity allows more exactly estimate economic growth and the effectiveness of the reforms and, as a result, make more effective decisions. Second-ly, the country's GDP, after correction for the informal sector increased at the appropriate scale. This - an advantage for economies in transition - as the country's GDP and GDP growth very im-portant components in negotiations with international creditors. In this regard in this paper per-formed calculations to identify the level of the shadow economy in Kyrgyzstan, as well as investi-gated the relationship of the shadow economy with corruption.

THE SHADOW ECONOMY IN KYRGYZSTAN

Firstly, precisely estimating of the shadow activity allows more exactly estimate economic growth and the effectiveness of the reforms and, as a result, make more effective decisions. Second-ly, the country's GDP, after correction for the informal sector increased at the appropriate scale. This - an advantage for economies in transition - as the country's GDP and GDP growth very im-portant components in negotiations with international creditors. In this regard in this paper per-formed calculations to identify the level of the shadow economy in Kyrgyzstan, as well as investi-gated the relationship of the shadow economy with corruption.

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