UNOFFICIAL ECONOMY

  

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UNOFFICIAL ECONOMY

Specialty Definition: UNOFFICIAL ECONOMY

DomainDefinition

Economics

Sector of the economy based on illicit working or illegal activities which do not appear in the national statistics. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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Non-Fiction Usage: UNOFFICIAL ECONOMY

SubjectTopicQuote

Economic History

Democratic Republic of Congo

The unrecorded and illicit transactions of Zaire's unofficial economy were estimated in the early 1990s to be three times the size of official GDP. (references)

Bulgaria

While low official disposable income statistics might initially discourage market entry, the size of the unofficial economy and inferences from observing actual sales activity paints a brighter picture. (references)

Worker Rights

Yugoslavia

An additional 500,000 persons work in the unofficial economy and are not registered employees. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Modern Translation: UNOFFICIAL ECONOMY

Language Translations for "UNOFFICIAL ECONOMY"; alternative meanings/domain in parentheses.

Danish

  

undergrundsøkonomi (black economy, counter-economy, grey economy, submerged economy, underground economy), måneskinsarbejde (black economy, black wages, counter-economy, grey economy, submerged economy, undeclared employment, underground economy). (various references)

   

Dutch

  

verdoken ekonomie (black economy, counter-economy, grey economy, submerged economy, underground economy), ondergrondse economie (black economy, counter-economy, grey economy, submerged economy, underground economy), officieuze ekonomie (black economy, counter-economy, grey economy, submerged economy, underground economy), informele ekonomie (black economy, counter-economy, grey economy, submerged economy, underground economy), grijze ekonomie (black economy, counter-economy, grey economy, submerged economy, underground economy), grijs circuit (black economy, counter-economy, grey economy, submerged economy, underground economy), contra-economie (black economy, counter-economy, grey economy, submerged economy, underground economy). (various references)

   

French

  

tiers secteur (underground economy), contre-économie (underground economy), économie souterraine (underground economy), économie parallèle (underground economy), économie occulte (underground economy), économie informelle (underground economy), économie immergée (underground economy), économie hors marché (underground economy). (various references)

   

German

  

Untergrundwirtschaft (black economy, counter-economy, grey economy, submerged economy, underground economy), Schattenwirtschaft (black economy), inoffizielle Wirtschaft (black economy, counter-economy, grey economy, submerged economy, underground economy). (various references)

   

Greek 

  

παραοικονομία (black economy, underground economy). (various references)

   

Italian

  

economia sommersa (shadow economy), economia occulta (black economy, counter-economy, grey economy, submerged economy, underground economy), economia non contabilizzata (black economy, counter-economy, grey economy, submerged economy, underground economy), economia nera (black economy, counter-economy, grey economy, submerged economy, underground economy), economia fuori mercato (black economy, counter-economy, grey economy, submerged economy, underground economy), economia clandestina (black economy, counter-economy, grey economy, submerged economy, underground economy), controeconomia (black economy, counter-economy, grey economy, submerged economy, underground economy). (various references)

   

Pig Latin

  

officialunay economyay

   

Portuguese

  

sector terceiro (black economy, counter-economy, grey economy, submerged economy, underground economy), sector informal (black economy, counter-economy, grey economy, submerged economy, underground economy), economia subterrânea (underground economy), economia imersa (black economy, counter-economy, grey economy, submerged economy, underground economy), economia exterior ao mercado (black economy, counter-economy, grey economy, submerged economy, underground economy), contra-economia (black economy, counter-economy, grey economy, submerged economy, underground economy). (various references)

   

Spanish

  

economía sumergida (black economy), economía subterránea (black economy, counter-economy, grey economy, submerged economy, underground economy), economía oculta (black economy, counter-economy, grey economy, submerged economy, underground economy), economía irregular (black economy, counter-economy, grey economy, submerged economy, underground economy). (various references)

Source: compiled by the editor from various translation references.

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Anagrams: UNOFFICIAL ECONOMY

Scrabble® Enable2K-Verified Anagrams

Words within the letters "a-c-c-e-f-f-i-i-l-m-n-n-o-o-o-u-y"

-5 letters: uneconomical.

Source: compiled by the editor from various references; see credits.

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INDEX

1. Quotations: Non-fiction
2. Translations: Modern
3. Anagrams
4. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.