aneconomicsystemthat consists of two very differentparts:Thecountrycontinuestoexhibitthefeaturesof adualeconomy, with arelativelydynamicoilexportsectorcontrastingwithsluggishgrowthin therestof theeconomy.(Definition ofdual economyfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdual economy
dual economyIn reality, adualeconomywill come into existence, where two separate economic sectors will begin to coexist in one country.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The farmers were also slate miners but phylloxera ended thisdualeconomy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These changes created a socialist planned commodity economy, essentially adualeconomyin which planned allocation and distribution are supplemented by market exchanges based on floating or free prices.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.So, unemployment cannot emerge in thisdualeconomy, since the secondary sector is competitive.From theCambridge English CorpusIndeed, were these not farming communities practising a rather specialdualeconomy?From theCambridge English CorpusIn addition, the optimal pollution tax rate for thisdualeconomywill be determined and explained.From theCambridge English CorpusThey were sophisticated about the economic incidence of taxation in theirdualeconomy.From theCambridge English CorpusOthers have suggested, in the case of pre-capitalist societies, that adualeconomyis not necessarily transitional.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/dual-economy##