informal economy
noun[C]
ECONOMICSukus→the shadow economy
Examplesofinformal economy
informal economy
Theinformaleconomyconsists of labour that is often pay-under-the-table.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A vicious cycle began: repressed inflation encouraged theinformaleconomy, thus reducing tax revenues and leading to higher deficits and even higher inflation.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.As the city's formal economy grows, this puts pressure on theinformaleconomy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Finally, there are nations in which the economy is largely agrarian, and a great majority of the population works in theinformaleconomy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Although theinformaleconomyis often associated with developing countries, all economic systems contain aninformaleconomyin some proportion.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This can sometimes be licitinformaleconomyor illicitinformaleconomywithout working contract or any social security.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Some causes include rapid rural-to-urban migration, economic stagnation and depression, high unemployment, poverty,informaleconomy, poor planning, politics, natural disasters and social conflicts.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Yet other companies, operating in theinformaleconomy, resort to smuggling as a means of avoiding legal trade.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.However, 6 out of 10 workers are part of theinformaleconomy, thus limiting the impact of this increase.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Most commerce consists of small and medium businesses, adding an importantinformaleconomyoccupation that gives thousands of guayaquileos employment.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- light-field
- light-fingered
- light-fingered
- light fixture
- light fluid
- light globe
- light-globe
- light-headed
- lightheaded
- light-headed
- light-hearted
- lighthearted
- light-hearted
- light heavyweight
- light-heavyweight
- lighthouse
- lighthouse keeper
- light industrial
- light-industrial
- light industry
- light-industry
- light infantry
- lighting
- lighting design
- lighting designer