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Discover Ludwig"shadow sector" is a correct and usable phrase in written English
It typically refers to a market or economic sector that operates outside the bounds of formal regulation or oversight. For example: "The shadow sector has been growing steadily over the past decade, with more and more businesses choosing to operate in that space."
Exact(1)
Vinnychuk added that the excessive amount of paperwork and documents needed by business in Ukraine often meant they worked in the shadow sector rather than face mountains of bureaucracy.
Similar(59)
Carney said the board was monitoring the shadow banking sector, which many analysts believe made the financial sector unstable ahead of the crash.
Off-balance-sheet financing from the so-called shadow banking sector has been particularly active.
In significant measure, that alternative was found in the poorly regulated shadow banking sector.
Cunliffe said the shadow banking sector was the area of financial markets where global regulators had made the least progress since the 2008 crisis.
As Mark Carney noted in Davos on Saturday, risk in the financial system has migrated from the traditional banks to the hedge funds of the shadow banking sector.
The even larger shadow banking sector must be regulated in an equivalent way to banks, to limit systemic risk and reduce speculation as much as possible.
Examples are plentiful, but consider first and foremost how market fundamentalists blocked attempts to expand regulatory coverage to the shadow banking sector, ignoring warnings about increasingly concentrated risk while reducing the level of risk oversight.
In effect, it was an attempt to anticipate the world we now live in, where even commercial banks hold minimal reserves in normal times and there's a large shadow banking sector that has no reserve requirements at all.
"Lack of unity in regulatory policies and the lagging of development of the related legal framework has increased the difficulty of defusing risks from the shadow banking sector," the researchers said.
"Given that the number is so big and hard to manage, China's shadow banking sector has become a potential source of systemic financial risk over the next few years," wrote Mr. Xiao.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com