Informal economy, a realty widely accepted or an “enemy” to the economy?

Abstract

Informal economy is relatively a new terminology in economy. Many studies have been made to measure it. More 
studies are done try to find ways to reduce the informal economy. In this paper we will try to make an analyses of 
the measured level of informal economy in Albania, by trying to compare it with the countries of the region.  
Based on previous studies of the authors we will see the development in the mentality of Albanians about the 
informal economy, by focusing on corruption.  
A survey has been conducted to measure the level of informal economy in a selected sample of the Albanian 
economic factor. Based on this study, this paper will aim to screen the approach Albanians have towards the 
informal economy, level of awareness and furthermore the level of acceptance. By examining the results of the 
survey we intend to see if informal economy and corruption are related to culture or are just economic driven 
actions.