neslužbeno gospodarstvo

English translation: informal economy

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Croatian term or phrase:	neslužbeno gospodarstvo
English translation:	informal economy
Entered by:	bjuric2

19:50 Mar 3, 2006

Croatian to English translations [PRO]
Bus/Financial - Economics

Croatian term or phrase: neslužbeno gospodarstvo

Planiranje kratkoročnih i dugoročnih mjera za suzbijanje neslužbenog gospodarstva

bjuric2 KudoZ activity Questions: 663 (8 open) (12 without valid answers) (10 closed without grading) Answers: 3
Local time: 17:04

informal economy

Explanation:
The Informal Economy: Large and Growing in Most Developing Countries
A new study shows the informal sector - where income is unreported and illegal activities such as smuggling and fraud go undetected – is large and growing in many developing countries.
(...) In Africa the informal economy is so large it is more like a parallel economy.
http://rru.worldbank.org/Discussions/Topics/Topic18.aspx

Size and Measurement of the Informal Economy in 110 countries around the World, by Friedrich Schneider
http://rru.worldbank.org/Documents/PapersLinks/informal_econ...

Selected response from:

Miomira Brankovic
Serbia
Local time: 17:04

Grading comment

thank you
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +4

unofficial economy ... or

Sherefedin MUSTAFA

5 +1

informal economy

Miomira Brankovic

grey/shadow economy

Mark Daniels

Answers

7 mins confidence:

peer agreement (net): +4

unofficial economy ... or

Explanation:
Definition sector of the economy based on illicit working or illegal activities which do not appear in the national statistics

- underground economy
- black economy
- counter-economy
- grey economy
- submerged economy

Sherefedin MUSTAFA
Netherlands
Local time: 17:04
Works in field
Native speaker of:

Albanian,

Macedonian

8 mins confidence:

grey/shadow economy

Explanation:
I think this is it, though if you look on Wikipedia, the definition is slightly different.

Reference: http://www.setimes.com/cocoon/setimes/xhtml/en_GB/features/s...
Reference: http://www.sofiaecho.com/article/grey-economy-still-a-threat...

Mark Daniels
Local time: 17:04
Native speaker of:

English

5 hrs confidence:

peer agreement (net): +1

informal economy

Miomira Brankovic
Serbia
Local time: 17:04
Specializes in field
Native speaker of: Serbian
PRO pts in category: 16

Grading comment

thank you

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neslužbeno gospodarstvo

English translation: informal economy

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neslužbeno gospodarstvo

English translation: informal economy

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