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Considerations Regarding the Impact of Legislative Inflation on Economic Operators

Journal: Annals of Spiru Haret University. Economic Series (Vol.15, No. 2)

Publication Date:

Authors : ;

Page : 35-44

Keywords : legislative inflation; legal communication; information entropy; economic agents; fiscal regulations;

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Abstract

This paper addresses the impact of legislative inflation upon the activities of the commercial agents. A clear and transparent legal framework is required in order for the economic system to be efficient and to grow. Unfortunately, the large amount of norms that come into force monthly, if not weekly and regulate the activities of the moral persons, and in particular, the activities of the economic agents determine a high grade of informational entropy at a systemic level. This study tackles the possibility of improving the legal communication of norms by reducing legislative inflation. Firstly, the communication stream is analysed, and then the possibilities for improving such communication are brought forward.

Last modified: 2016-12-20 18:36:41