TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

formal sector [1 record]

Record 1 2009-09-25

English

Subject field(s)
  • Economics
DEF

That sector of the economy which is officially measured by economic aggregates and whose economic activities are regulated by governments.

CONT

The observed sector is taken to constitute all the measured activity that is recorded in conventional national income accounting frameworks such as NIPA, its overwhelming corpus consists of income-producing market activities that utilize money as the medium of exchange.

CONT

The changing geometry of the formal-informal relationship follows the contours delineated by economic history as well as the character of state authority and its interaction with private interests. The development of the unregulated sector [informal sector] depends very much on the form adopted by the regulated one [the formal sector].

French

Domaine(s)
  • Économique
DEF

Secteur dans lequel les activités économiques sont exercées selon la norme dominante : elles sont légales, soumises à des obligations déclaratives fiscales et sociales et de ce fait comptabilisées dans le PIB et soumises à la régulation des pouvoirs publics.

OBS

[...] tout ce qui n'entre pas dans les structures institutionnelles légales de l'activité économique est considéré comme «informel». Il serait parasite de l'économie structurée.

CONT

La distinction entre le secteur informel et le secteur formel convient d'être vérifiée quant aux changements profonds d'un secteur à l'autre [...]

Spanish

Campo(s) temático(s)
  • Economía
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