Religion Past and Present

Get access
Search Results: | 13 of 16 |

Shadow Economy
(330 words)

[German Version]

In principle goods and services are provided, paid for, and cleared in markets (Market/Markets) according to prevailing rules. In recent years, however, goods and services provided in the shadow of the legal markets have played an increasingly important role. According to one current definition, the shadow economy comprises all those activities that create value in terms of the national accounts but are not (or only partly) reported in the official statistics. In particular, neith…

Cite this page
Bayer, Stefan, “Shadow Economy”, in: Religion Past and Present. Consulted online on 22 January 2020 <http://dx.doi.org/10.1163/1877-5888_rpp_SIM_025253>
First published online: 2011
First print edition: ISBN: 9789004146662, 2006-2013



▲   Back to top   ▲