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L`e in^oread econoeq is an econoeq L`e inforeal econoey ik defined ak most recent ly , st ream ripping, rival legal t h e U S G overnment of U S $ 4 2 2 m in “ mark et - b ased produ ct ion of goods su b script ion and dow nloading services. In t ax revenu es. and services, w h et h er legal or illegal, S pain, 8 8 % of cu lt u ral cont ent consu med t`at ekcahe detection in t`e official online du ring 2 0 1 4 w as illegal according L`e in^oread econoeq est imat es of G D P ( S mit h , 1 9 9 4 ) . In CCI, t o t h e S panish O b servat ory on piracy and \oeinates cudturad content t h is involves t h e ex ch ange of cu lt u ral digit al consu mpt ion h ab it s in 2 0 1 4 . \istribution in \enedohin_ and creat ive goods and services t h at are P iracy is ex t remely h armfu l t o t h e countries `idden froe official vieo& At inclmdek2 cu lt u ral and creat ive indu st ries: it w reck s • P iracy : ph y sical piracy , i. e. , dist rib u t ion ch annels and leaves creat ors An 9kia%Hacific$ 9frica and Datin 9eerica$ manu fact u ring u nau t h oriz ed ( pirat e) and creat ive indu st ries u nrew arded or informal t rading of pirat ed cu lt u ral goods copies of prot ect ed mat erial and ill- rew arded. P iracy is b elieved t o h ave and services ( u su ally at low er prices) dist rib u t ing and selling t h em; digit al cokt t`e five lar_ekt =M econoeiek w it h ou t any pay ment t o au t h ors is piracy , i. e. , u nau t h oriz ed int ernet arou nd U S $ 2 5 b and more t h an 1 8 9 , 6 0 0 w idespread. It ranges from rip- off CD s, dist rib u t ion of prot ect ed w ork s j ob s b et w een 2 0 0 8 and 2 0 1 1 as sh ow n movies and video games, t o u nlaw fu l • T h e informal economy : paid provision b y a T era Consu lt ant s/ F oru m d’Avignon b ook copies, t o u nlaw fu l performances of goods and services, largely ou t side report in 2 0 1 4 . In t h e U S , mu sic piracy and b ack - door T V su b script ions. Informal formal arrangement s. As su ch , cau ses U S $ 1 2 . 5 b in economic losses, CCI sales in emerging cou nt ries t ot aled t h e informal economy mu st not b e and an est imat ed 7 1 , 0 0 0 j ob s are lost an est imat ed U S $ 3 3 b in 2 0 1 3 and considered as criminal act ivit ies: it annu ally , redu cing t h e mu sic indu st ry ’ s provided 1 . 2 million j ob s. represent s cu lt u ral act ivit ies and earnings b y U S $ 2 . 7 b and depriving cont ent t raded b y creat ors u sing informal dist rib u t ion ch annels. Informal sales of cultural goods and W here the j obs are: emp loyment in the services in A frica, L atin A merica and informal cultural economy in A frica, Hiracq is a si_niÕcant Asia-Pacific$ *()+ Dalif-Aeejica af\ Asia-Pacific$ *()+ t`reat to ;;A D igit al t ech nology h as made it easy 6 % t o u nlaw fu lly copy and sh are cu lt u ral cont ent . Illegal st reaming plat forms, 3 1 % file%k`arin_$ heer%to%heer netoorck and$ 26 % 3 2% 5 6 % 3 % 1 2% 3 % 1 6 % 7 % 8 % B ook s M u sic T V M ovie B ook s M u sic M ovie G aming P erforming art s G aming P erforming art s S ou rce: E Y analy sis of cu lt u ral and creat ive S ou rce: E Y analy sis of cu lt u ral and creat ive mark et s, 2 0 1 5 mark et s, 2 0 1 5 T h e informal economy provides employ ment for sellers, art ist s and performers. | *0 Cultural times L`e Õrst _dobad eah o^ cudturad an\ creatine in\ustries

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