bachaquerismo

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Spanish

Noun

bachaquerismo m (uncountable)

  1. (chiefly Venezuela) the turning of the economy into a black market
    • 2016 October 15, “Señalan a Jorge Rodríguez como responsable de la barbarie en el Mercado de Coche”, in El Nacional:
      Mora denunció que lo directores de varios mercados de Caracas son cómplices con el "bachaquerismo" de productos de primera necesidad a la vista de usuarios y trabajadores de los concesionarios.
      (please add an English translation of this quotation)