From Longman Dictionary of Contemporary Englishnew economyˌnew eˈconomy noun [singular] an economic system that is based on computers and modern technology, and is therefore dependent on educated workers As we move into a new economy, trade unions will have to reinvent themselves to stay relevant. —new economy adjective new economy methods
Examples from the Corpus
new economy• Education is always held up as a priority and the new economy must be mentioned.• There is abundant evidence that the skills demanded by the new economy are rising.• A recession, if it happens, will not expose the new economy as a myth.• There is not an optimal set of skills you can give people to equip them for the new economy.• Even though cybercrime is perhaps the fastest-growing industry of the new economy, most businesses are not taking adequate precautions.• Similarly, slowing investment in high-tech capital will not show that the new economy is pure hype.• In this new economy, smart businesses rely on an educated workforce to thrive. 