informal economy

URI: http://eige.europa.eu/taxonomy/term/1256

Definition

Unpaid economic activities performed for the direct benefit of the household or for the households of relatives or friends on a reciprocal basis, including everyday domestic work and a great variety of self-provisioning activities and/or professional activity, whether as a sole or secondary occupation, exercised gainfully and not occasionally, on the limits of, or outside, statutory, regulatory or contractual obligations, but excluding informal activities that are also part of the criminal economy.

Source(s)

European Commission (1998). 100 Words for Equality: A Glossary of Terms on Equality between Women and Men.

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