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Black economy |
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Black economyThe Chancellor of the Exchequer's least favourite part of the economy - also known as the cash economy.Similar MatchesRadical political economyRadical political economySee political economy. Emerging economyEmerging economy1. Originally this term was applied to countries that had recently ceased to be part of the Soviet Union and its satellites, and thus emerging from centrally planned communist economies. The term drew attention to their transition to becoming market economies. 2. Rather quickly, perhaps acknowledging the importance of central planning and the failure of markets in many other countries, the term has expanded to encompass also developing countries, not necessarily ever communist, as they expanded the role of markets. Open economyOpen economyAn economy that permits transactions with the outside world, at least including trade of some goods. Contrasts with closed economy. Goldilocks economyGoldilocks economyA term developed in the mid 1990s to describe the positive performance of the economy as "not too hot, not too cold; just right." Pure exchange economyPure exchange economyA theoretical economy in which goods are not produced, but exist as endowments, and are then traded among consumers. Further SuggestionsBarter economyPolitical economy of protection Open-economy multiplier old economy stocks Mature economy Bubble economy Tiger economy Closed economy Non-market economy Mixed economy Integrated World Economy Political economy External economy New Economy Newly Industrializing Economy Goldilocks economy External diseconomy Ministry of Economy, Trade and Industry Command economy Market economy Small open economy |
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