This paper brings new ideas for the underground economy in terms of economic rationality failure of its multidimensional approach. The paper sets up some theoretical foundations of the underground economy by presenting the causes, effects and its connective nature of this phenomenon that can be easily observed in any country’s economy.
The originality of this paper consists in making the difference between concepts like measurement and approximation or eradication versus reduction regarding underground economy. Another component of this paper in addressing this theme associated with the underground economy concept is global control powers issue. This last component highlights the epistemic perspective on knowledge of the underground economy by supporting the need for an explanatory model of the underground economy. The paper responds to the question: The system creates corruption or corruption has to do with a too permissive system?
Hence a balanced conclusion of all considerations mentioned above, the underground economy seems to be a powerful source for economic growth and enrichment through global control.