Legal security of detinization of the economy: experience of EU countries

The existence of a shadow economy in any state causes many problems, the solution of which should be immediate and effective. The deification of the economy is aimed at introducing the latest technologies, working with the regulatory and legal framework to overcome illegal and semi-legal economic activity, which leads to considerable losses of the state budget, distorts the competitive environment and inhibits economic development. With this in mind, legal support for the detinization of the economy is a very relevant issue in modern society. Any country in the process of its economic development is faced with illegal or semi­legal ways of conducting economic affairs. The European Union is no exception. United by states with different economic levels, it has many years of experience in the fight against the shadow economy. The experience of the EU countries is widely used for many countries of the world that fight against the shadow economy, including Ukraine. The necessity of researching the legal support of the detinization of the economy, taking into account the experience of the EU countries, is determined by the complexity and variability of the fight against this phenomenon. Different EU countries apply different approaches and legislative initiatives in the fight against the shadow economy. Comparing these approaches helps identify the most effective methods and adapt them to the conditions of one’s own economy. Studying the experience of the EU contributes to the development of unified approaches to legal regulation, contributing to the significant facilitation of international cooperation in the fight against the shadow economy. Taking this into account, reducing the volume of the shadow economy contributes to increasing revenues to the state budget, increasing the level of economic stability and creating a favorable climate for business development. Thus, the study of legal support for the detinization of the economy, taking into account the experience of the EU countries, is a necessary step for the development of effective economic policy and ensuring sustainable economic growth not only of individual sectors of the economy, but also of the entire state in general. The experience of countries that have overcome this path should serve as an example for other countries that are still fighting this phenomenon.