the shadow economy
noun[S]
ECONOMICSukusthe black economy
Examplesofthe shadow economy
the shadow economy
He pledged a tougher crackdown ontheshadoweconomyand more efficient governance.
From
This 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.Secondly, under the conditions of the economic and financial crisis, illegal work andtheshadoweconomyhave grown significantly.
FromEuroparl Parallel Corpus - English
Poverty and sluggish social reform have led to an increase in crime and the growth oftheshadoweconomy.
FromEuroparl Parallel Corpus - English
In some countries, much domestic work takes place intheshadoweconomy, under precarious employment conditions and/or as undeclared work.
FromEuroparl Parallel Corpus - English
The final chapter in this part of the book explores the way in which labour markets interact with social exclusion and poverty including undocumented work intheshadoweconomy.
From theCambridge English Corpus
It could drive the unemployed intotheshadoweconomyor into even greater poverty.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There is no reliable overall estimate of the revenue lost as a result oftheshadoweconomy.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Thirdly, it could be straightforward non-compliance and evasion—the growth oftheshadoweconomy.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Its corporate technical review and analysis of avoidance, income tax compliance and action on theshadoweconomywill produce just short of £2 billion of the £6.7 billion scheduled.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There is an ongoing debate surrounding the value of government tax breaks for household services such cleaning, babysitting and home maintenance, with an aim to reduce the shadow economy's impact.
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.